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. (NYSE: DNP) is a closed-end diversified investment management company that regularly issues detailed public updates about its distributions and portfolio approach. The fund’s primary investment objectives are current income and long-term growth of income, with capital appreciation as a secondary objective, and it invests primarily in equity and fixed income securities of companies in the public utilities industry.
The news flow for DNP often centers on Board-authorized dividends and the operation of its managed distribution plan. Announcements commonly include the per-share distribution amount, ex-date, record date, and payable date for upcoming monthly dividends on its common stock. These releases explain how the fund seeks to distribute all available investment income consistent with its income-focused objectives.
Another recurring theme in DNP’s news is the issuance of Section 19(a) notices that disclose the estimated sources of each distribution. These notices break distributions into net investment income, net realized short-term capital gains, net realized long-term capital gains, and return of capital (or other capital source), and also provide cumulative fiscal year-to-date data prepared under U.S. generally accepted accounting principles.
In its communications, the fund emphasizes that investors should not draw conclusions about investment performance solely from the amount of distributions or from the terms of the managed distribution plan. It also notes that distribution source figures are estimates and may differ from final tax reporting, which is provided later via Form 1099-DIV. This news page allows readers to follow DNP’s ongoing distribution announcements and related explanatory notices in one place.
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.
DNP Select Income Fund has announced its December 2024 distribution of $0.065 per share, payable January 10, 2025, to shareholders of record December 31, 2024. The distribution sources include 17% ($0.011) from Net Investment Income and 83% ($0.054) from Return of Capital.
For the fiscal year-to-date (November 1, 2024 to October 31, 2025), cumulative distributions of $0.130 per share comprise 31% ($0.040) from Net Investment Income and 69% ($0.090) from Net Realized Long-Term Capital Gains.
Key performance metrics as of November 30, 2024 include: 8.44% average annual total return on NAV for 5 years, 8.21% annualized current distribution rate as percentage of NAV, 7.13% cumulative total return on NAV for fiscal YTD, and 0.68% cumulative fiscal YTD distributions as percentage of NAV.