DNP Select Income Fund Inc. (NYSE:DNP) Declares Dividend of $0.07

DNP Select Income Fund Inc. (NYSE:DNP) announced a dividend on Wednesday, January 29th,investing.com reports. Shareholders of record on Monday, February 3rd will be paid a dividend of 0.065 per share by the investment management company on Monday, February 10th. This represents a yield of 8.34%. The ex-dividend date is Friday, January 31st.

DNP Select Income Fund Trading Up 1.0 %

Shares of DNP traded up $0.10 during mid-day trading on Wednesday, reaching $9.37. 657,534 shares of the company’s stock traded hands, compared to its average volume of 746,852. The stock’s 50-day moving average is $9.24 and its two-hundred day moving average is $9.33. DNP Select Income Fund has a 12 month low of $8.02 and a 12 month high of $10.04.

About DNP Select Income Fund

DNP Select Income Fund Inc is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds.