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. (DNP) provides investors with essential updates through this centralized news hub focused on its utility sector investments. Track official announcements including earnings reports, dividend declarations, and strategic portfolio adjustments within the fund's closed-ended structure.
This resource serves income-focused investors seeking timely updates on DNP's regulated utility holdings and management decisions. Access curated press releases covering capital allocations, sector analysis, and operational developments that impact the fund's income generation strategy.
Key updates include regulatory filings, distribution changes, and market positioning insights specific to public utility investments. The collection enables informed analysis of DNP's performance in stable cash flow environments while maintaining compliance with financial disclosure standards.
Bookmark this page for direct access to primary source materials and structured updates about DNP's income-focused approach in essential service sectors. Regular updates to stay informed about this closed-ended fund's navigation of regulated utility markets.
The DNP Select Income Fund (NYSE: DNP) has announced a dividend of 6.5 cents per share, payable on multiple dates, starting from November 10, 2022. This payment is part of the fund's Managed Distribution Plan adopted in 2007, aimed at maintaining its distribution rate. The total cumulative distribution for the fiscal year is estimated at $0.650 per share. The fund's investment returns show an annualized rate of 7.80% based on NAV, demonstrating a commitment to delivering income and long-term growth.
The Board of Directors of DNP Select Income Fund has announced dividends for its common stock, set at 6.5 cents per share. The ex-dividend date is July 28, 2022, with record and payable dates on July 29 and August 10, 2022 respectively. This distribution rate is maintained under a Managed Distribution Plan, initiated in 2007, to ensure steady shareholder income. Notably, the fund plans to distribute available investment income, including long-term capital gains if necessary. The cumulative fiscal year distribution rate stands at 3.92%.
The Board of Directors of DNP Select Income Fund has announced a consistent dividend payment of 6.5 cents per share for upcoming months, continuing the Managed Distribution Plan initiated in 2007. Key payment dates include May 10, 2022, and June 10, 2022. The estimated distribution for February 2022 is $0.065, with sources including 29% from Net Investment Income and 39% from Net Realized Long-Term Capital Gains. Virtus Investment Partners, the parent company, manages assets worth $187.2 billion.
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