DNP Select Income Fund Announces Dividends and Sources of Distribution
DNP Select Income Fund, Inc. (DNP)
US:NYSE Investor Relations:
dnpselectincome.com
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--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 ShareEx-Dividend DateRecord DatePayable Date6.5April 29, 2024April 30, 2024May 10, 20246.5May 31, 2024May 31, 2024June 10, 20246.5June 28, 2024June 28, 2024July 10, 2024The Fund adopted a Managed Distribution Plan (the “Plan”) in 2007 to maintain its current 6.5 cent per share distribution rate. Under the Plan, the Fund will distribute all available investment income to its shareholders, consistent with the Fund’s primary objective. If and when sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital to its shareholders in order to maintain the 6.5 cent per share distribution level.The following table sets forth the estimated amounts of the Fund’s current mo
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