Media headlines about DNP Select Income Fund (NYSE:DNP) have trended positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DNP Select Income Fund earned a news impact score of 0.39 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 46.9295208671743 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
DNP Select Income Fund (NYSE:DNP) opened at $10.27 on Friday. DNP Select Income Fund has a 52 week low of $9.71 and a 52 week high of $11.57.
The firm also recently disclosed a monthly dividend, which was paid on Monday, February 12th. Stockholders of record on Wednesday, January 31st were paid a $0.065 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $0.78 annualized dividend and a dividend yield of 7.59%.
In other DNP Select Income Fund news, Director Clifford W. Jr. Hoffman acquired 10,000 shares of the stock in a transaction dated Thursday, February 1st. The shares were bought at an average price of $10.33 per share, with a total value of $103,300.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.07% of the company’s stock.
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About DNP Select Income Fund
DNP Select Income Fund Inc is a closed-end diversified management investment company. The Fund’s primary investment objectives are current income and long-term growth of income. Capital appreciation is a secondary objective. It seeks to achieve its investment objectives by investing primarily in the public utility industry.
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