DNP Select Income Fund Inc

DNP Select Income Fund, Inc. is a closed-end investment fund. Its investment objectives are current income, long-term growth of income and capital appreciation by investing primarily in a portfolio of equity and fixed income securities of companies in the public utilities industry. DNP Select Income Fund was founded on January 21, 1986 and is headquartered in Chicago, IL.

DNP Select Income Fund, Inc. is a closed-end investment fund. Its investment objectives are current income, long-term growth of income and capital appreciation by investing primarily in a portfolio of equity and fixed income securities of companies in the public utilities industry. the company was founded on January 21, 1986 and is headquartered in Chicago, IL.

DNP: Moving From Sell To Hold On This CEF.

DNP: Moving From Sell To Hold On This CEF

DNP: Still Too Expensive

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Closed-End Funds, or CEFs, are a popular form of monthly paying stocks. Most, however, are dangerous and lack income dependability, due to destructive use of Return of Capital (unsustainable dividends that fall over time).

Five 7+%-Yielding Monthly Paying Retirement Dream Stocks

DNP and UTG are exceptionally popular CEFs for income investors. We had suggested a switch the last time around when we covered these two and we take a look at how the trade has played out.

DNP And UTG: Updating Our Outlook On 2 Utility CEFs

DNP is a utilities equities closed end fund with a substantial track record. The fund is one of those rare, golden standard CEFs that have always traded at premiums to NAV in the past decade.

DNP: A Golden Utilities CEF, Currently Extremely Overpriced

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Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis.

The 8% Income Portfolio: 2022 Year-End Review

DNP Select Income Fund invests in a diversified portfolio of utilities and other stable companies to provide investors with a high level of current income. The fund does very limited trading over time, which helps it keep costs down and beat its benchmark index.

DNP: Excellent Income Fund But Best To Sit On The Sidelines

All investments compete against each other and the risk-free rate. While we don't consider the utilities sector particularly attractive, there are always opportunities to make a buck.

DNP And UTG: A Switch Makes Sense

Virtus Investment Partners

CHICAGO , Sept. 22, 2022 /PRNewswire/ -- The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 6.5 October 28, 2022 October 31, 2022 November 10, 2022 6.5 November 29, 2022 November 30, 2022 December 12, 2022 6.5 December 29, 2022 December 30, 2022 January 10, 2023 The Fund adopted a Managed Distribution Plan (the "Plan") in 2007 to maintain its current 6.5 cent per share distribution rate.

DNP SELECT INCOME FUND ANNOUNCES DIVIDENDS AND SOURCES OF DISTRIBUTION

DNP is a utility sector focused CEF. It has paid a consistent $0.065/month distribution for years.

DNP: Utility Sector Valuations At Extremes

DNP is a famous fund that has maintained its distribution through thick and thin. The current 7.8% yield looks tempting in this market.

DNP: The Enigma Running Out Of Room To Sustain The Distribution

DNP has a yield of 6.6%. This is attractive if the distribution can be supported. I continue my series digging into CEFs beyond the yield with a look at DNP.

Evaluating Closed-End Funds: DNP Should Do Well With Rising Rates

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Several of the utility/infrastructure funds in the CEF space are pretty popular. The utility and infrastructure space can be a good fit for a CEF portfolio, providing steady income through regular cash flow due to being necessary for everyday life.

Closed-End Funds: A Check On The Utility/Infrastructure Space

DNP has been one of the most consistent distribution payers of any CEF, keeping their monthly $0.065 going since 1997.

DNP: When You Need Income Stability, This Fund Can Meet That Objective

DNP is a utilities equities closed end fund with a substantial track record. The fund has never traded at a discount to NAV in the past decade being a magnet for retail investors through its stable, tried and tested performance.

DNP: Reduce Market Volatility With A Defensive Utilities Fund

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No portfolio or strategy can be perfect. But can there be a strategy that can work well in a bull market, a bear market, or a stagnant market, generate a decent income, and conserve capital, all at the same time? We also want our strategy to avoid roller-coaster rides of index investing, have low volatility and limited drawdowns in case of deep corrections.

The Near-Perfect Portfolio For The Bull Markets And The Bear Markets

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The Near-Perfect Portfolio For The Good Times And Bad

DNP is a closed-end fund managed by Duff & Phelps that utilizes a utilities-focused portfolio to drive current income and total return. The fund is one of the oldest publicly-traded CEFs and has never cut its distribution.

DNP: A High-Yield CEF With Time-Tested Distributions

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There were a total of 7 closed-end funds that have never cut their distributions with inceptions before 2008/09's GFC. We will see the loss of one of those names with PKO set to merge with PDI.

Closed-End Funds: Revisiting The Funds That Have Never Cut Distributions And Have An Inception Pre-2008

DNP offers a yield of 7.3%, quite attractive if the distribution can be supported. I continue my series looking at CEFs beyond the yield.

Evaluating CEFs: DNP Offers Stable Income With No Drama

DNP: Strong Utilities CEF, 7.3% Distribution Yield, Market-Beating NAV Returns

Utilities tend to be solid investments for retirees because of their stable cash flows and high yields. DNP offers a substantially better yield than indexed utility funds at 7.50%.

DNP: The 7.50% Yield Is Nice But The Fund Looks Overpriced

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What's better than a 6% yield paid every quarter? An 8% annual yield—paid every month—of course!

3 Monthly Dividend Stocks Yielding Up To 7.7%

CHICAGO, March 31, 2021 /PRNewswire/ -- DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., announced today that the Fund will redeem two series of its Floating Rate Mandatory Redeemable Preferred Shares, liquidation preference $100,000 per share ("MRP Shares"), on their mandatory redemption date of April 1, 2021. The Fund will redeem all 600 of the outstanding Series B MRP Shares (CUSIP 23325P3#9) for an aggregate price of $60 million and all 330 of the outstanding Series D MRP Shares (CUSIP 23325P5#7) for an aggregate price of $33 million.

DNP Select Income Fund Inc. Will Redeem Mandatory Redeemable Preferred Shares Series B and Series D

DNP has distributed 6.5 cents a month for more than 10 years. This is an attractive income stream if the distribution can be supported.

News for DNP Select Income Fund Inc ETF (DNP)