Welcome to our dedicated page for DNP Select Income news (Ticker: DNP), a resource for investors and traders seeking the latest updates and insights on DNP Select Income stock.
DNP Select Income Fund Inc. reports recurring fund developments as a closed-end diversified investment management company focused on current income and long-term growth of income. The fund is advised by Duff & Phelps Investment Management Co. and invests primarily in diversified equity and fixed-income securities of companies in the public utilities industry.
Its news commonly covers board-authorized dividends on common stock, monthly distribution timing, and Section 19(a) notices that estimate the sources of distributions under the fund's managed distribution plan. Updates also describe how distribution amounts are presented under U.S. GAAP and may differ from federal income tax treatment.
DNP Select Income Fund (NYSE: DNP) has announced its monthly distribution of $0.065 per share for August 2025, payable on September 10, 2025. The distribution breakdown includes 28.4% from net investment income, 69.4% from net realized long-term capital gains, and 2.2% from net realized short-term capital gains.
The Fund's performance metrics show an average annual total return on NAV of 9.60% over the past 5 years, with a current annualized distribution rate of 8.41% as a percentage of NAV. The Fund operates under a managed distribution plan established in 2007, maintaining its 6.5 cent per share monthly distribution level.
[ "Strong 5-year average annual total return on NAV of 9.60%", "High annualized distribution rate of 8.41% as percentage of NAV", "Majority of distribution (69.4%) comes from realized long-term capital gains", "No return of capital in current monthly distribution, indicating earnings cover the payout" ]DNP Select Income Fund (NYSE: DNP) has announced its monthly distribution of $0.065 per share, payable on August 11, 2025, to shareholders of record as of July 31, 2025. The July 2025 distribution consists of: 4.9% from net investment income, 27.2% from net realized long-term capital gains, and 67.9% from return of capital.
The Fund, which operates under a managed distribution plan adopted in 2007, maintains a current distribution rate of 8.52% of NAV. For the past 5 years, DNP has delivered an average annual total return on NAV of 10.55%. The Fund's cumulative total return on NAV for the fiscal year stands at 8.54%.
DNP Select Income Fund (NYSE: DNP) has announced its June 2025 monthly distribution of $0.065 per share, payable on July 10, 2025. The distribution breakdown includes 30.3% from net investment income, 31.6% from capital gains, and 38.1% from return of capital.
Under its managed distribution plan, the Fund maintains a consistent monthly distribution of 6.5 cents per share. The Fund's 5-year average annual total return on NAV is 9.59%, with a current annualized distribution rate of 8.49% of NAV. For the fiscal year-to-date, the Fund has achieved a cumulative total return on NAV of 8.22%.
DNP Select Income Fund has announced its March 2025 monthly distribution of $0.065 per share, payable on April 10, 2025, to shareholders of record as of March 31, 2025. The distribution breakdown includes:
- 28.9% from Net Investment Income ($0.019)
- 37.8% from Net Realized Long-Term Capital Gains ($0.025)
- 6.0% from Net Realized Short-Term Capital Gains ($0.003)
- 27.3% from Return of Capital ($0.018)
The Fund, operating under a managed distribution plan since 2007, maintains a 6.5 cent per share distribution level. As of February 28, 2025, the Fund reported an average annual total return on NAV of 9.09% over five years, with an annualized current distribution rate of 8.45% as a percentage of NAV. The cumulative total return on NAV for the fiscal year stands at 6.41%.
DNP Select Income Fund (NYSE: DNP) announced the continuation of its Managed Distribution Plan, maintaining its monthly dividend of 6.5 cents per share. The Plan, adopted in 2007, aims to distribute all available investment income to shareholders, with any shortfall supplemented through long-term capital gains and/or return of capital to maintain the consistent distribution level.
The Fund disclosed that it has distributed more than its income and capital gains, indicating that a portion of distributions may represent a return of capital. Shareholders will receive Form 1099-DIV for tax reporting purposes, with final distribution sources depending on the Fund's investment performance through the fiscal year.
DNP Select Income Fund has announced its current distribution details, payable March 10, 2025, to shareholders of record February 28, 2025. The distribution is part of the Fund's fiscal year running from November 1, 2024, to October 31, 2025.
The Fund acknowledges that it has distributed more than its income and capital gains, indicating that a portion of the distribution may represent a return of capital. This return of capital occurs when investors receive back part of their original investment, though it shouldn't be interpreted as a measure of investment performance.
As a closed-end diversified investment management company, DNP focuses on achieving current income and long-term income growth through investments in equity and fixed income securities, primarily in the public utilities industry. The Fund emphasizes that the distribution amounts are estimates and final tax reporting details will be provided via Form 1099-DIV.
DNP Select Income Fund has announced its January 2025 distribution of $0.065 per share of common stock, payable February 10, 2025, to shareholders of record January 31, 2025. The distribution sources include: 14% from Net Investment Income ($0.009), 2% from Net Realized Short-Term Capital Gains ($0.001), and 84% from Net Realized Long-Term Capital Gains ($0.055).
Key performance metrics as of November 30, 2024 show an average annual total return on NAV of 8.44% for the past 5 years, an annualized current distribution rate of 8.21% as a percentage of NAV, and a cumulative total return on NAV of 7.13% for the fiscal YTD. The Fund's fiscal year runs from November 1, 2024, to October 31, 2025.