Is DNP a good investment?
Mar 26, 2022 · DNP Select Income Fund Stock Forecast, Price & News $11.75 -0.07 (-0.59%) (As of 04/11/2022 12:00 AM ET) Today's Range $11.73 $11.89 50-Day Range $10.96 $11.93 52-Week Range $9.96 $11.94 Volume 551,852 shs Average Volume 604,179 shs Market Capitalization $4.01 billion P/E Ratio N/A Dividend Yield 6.60% Beta 0.51 Profile Chart Competitors
When does DNP pay dividends?
DNP Select Income Fund (DNP) New York Stock Exchange DNP $11.75 $0.04 0.3% Price as of April 14, 2022, 4:00 p.m. ET View Interactive DNP Charts Offers investment information to …
Does stock dividend increase shareholders wealth?
DNP Select Income Fund, Inc. Common Stock (DNP) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets.
What dividends can do to stocks and their prices?
DNP | Complete Dongnai Plastic JSC stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Is DNP a mutual fund?
The DNP Select Income Fund Inc. (NYSE: DNP) is a diversified, closed-end management investment company that first offered its common stock to the public in January 1987....Top 10 Holdings2.Security NamePercentSempra Energy2.6%Alliant Energy Corp2.6%Eversource Energy2.5%XCEL Energy Inc2.5%6 more rows
What is DNP payout?
The current TTM dividend payout for DNP Select Income Fund (DNP) as of April 07, 2022 is $0.78. The current dividend yield for DNP Select Income Fund as of April 07, 2022 is 6.67%.
What is the NAV of DNP?
OverviewShare PriceNAVCurrent$11.75$10.6752 Wk Avg$10.83$9.7052 Wk High$11.94$10.7552 Wk Low$10.05$9.03
Is DNP stock a good investment?
We rate DNP Select Income Fund Inc at C+. Positive factors that influence this rating include a low price volatility. The fund invests approximately 71% of its assets in stocks and may be considered for investors seeking a Sector - Utilities strategy.
Is DNP dividend safe?
For investors looking for a stable income, DNP offers a good investment. It distributes its dividends monthly and since the underlying assets are mainly invested in utility companies, the dividends are relatively safe as well.May 17, 2019
What is a closed in fund?
A closed fund is a fund that is either closed to investors (temporarily or permanently) or has ceased to exist. Funds can close for various reasons, but primarily they close because the investment advisor has determined that the fund's asset base is getting too large to effectively execute its investing style.
What is balanced mutual fund?
Balanced funds, also known as hybrid funds, are a class of mutual funds that contain a bond (debt) component and a stock (equity) component in a specific ratio in a single portfolio. These mutual funds help investors diversify their portfolio by investing in asset classes such as equity and debt.
What is a Select income fund?
The Fund's investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. It will seek capital appreciation and gain by purchasing debt securities at prices that the Adviser believes are below their intrinsic value.
How has DNP Select Income Fund's stock been impacted by Coronavirus (COVID-19)?
DNP Select Income Fund's stock was trading at $10.98 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World...
Are investors shorting DNP Select Income Fund?
DNP Select Income Fund saw a increase in short interest in February. As of February 28th, there was short interest totaling 500,700 shares, an incr...
How often does DNP Select Income Fund pay dividends? What is the dividend yield for DNP Select Income Fund?
DNP Select Income Fund announced a monthly dividend on Thursday, March 10th. Investors of record on Thursday, June 30th will be paid a dividend of...
Is DNP Select Income Fund a good dividend stock?
DNP Select Income Fund pays an annual dividend of $0.78 per share and currently has a dividend yield of 6.82%. DNP has a dividend yield higher than...
Who are DNP Select Income Fund's key executives?
DNP Select Income Fund's management team includes the following people: David Dean Grumhaus , President & Chief Executive Officer Alan Michael Me...
Who are some of DNP Select Income Fund's key competitors?
Some companies that are related to DNP Select Income Fund include iShares Nasdaq Biotechnology ETF (IBB) , SPDR Bloomberg High Yield Bond ETF (JN...
What other stocks do shareholders of DNP Select Income Fund own?
Based on aggregate information from My MarketBeat watchlists, some companies that other DNP Select Income Fund investors own include AT&T (T) , A...
What is DNP Select Income Fund's stock symbol?
DNP Select Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "DNP."
Who are DNP Select Income Fund's major shareholders?
DNP Select Income Fund's stock is owned by a number of institutional and retail investors. Top institutional investors include American Financial A...
What stocks does MarketBeat like better than DNP Select Income Fund?
Wall Street analysts have given DNP Select Income Fund a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but DNP Select Income Fund wasn't one of them.
Are investors shorting DNP Select Income Fund?
DNP Select Income Fund saw a drop in short interest in August. As of August 13th, there was short interest totaling 104,000 shares, a drop of 47.7% from the July 29th total of 198,800 shares. Based on an average trading volume of 555,600 shares, the days-to-cover ratio is currently 0.2 days.#N#View DNP Select Income Fund's Short Interest.
How has DNP Select Income Fund's stock price been impacted by Coronavirus?
DNP Select Income Fund's stock was trading at $10.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DNP shares have decreased by 0.8% and is now trading at $10.89.#N#View which stocks have been most impacted by COVID-19.
How often does DNP Select Income Fund pay dividends? What is the dividend yield for DNP Select Income Fund?
DNP Select Income Fund declared a monthly dividend on Tuesday, June 15th. Investors of record on Thursday, September 30th will be paid a dividend of $0.065 per share on Tuesday, October 12th. This represents a $0.78 dividend on an annualized basis and a yield of 7.16%.
Is DNP Select Income Fund a good dividend stock?
DNP Select Income Fund pays an annual dividend of $0.78 per share and currently has a dividend yield of 7.16%. DNP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.#N#View DNP Select Income Fund's dividend history.
Who are some of DNP Select Income Fund's key competitors?
Some companies that are related to DNP Select Income Fund include iShares Nasdaq Biotechnology ETF (IBB), SPDR Bloomberg Barclays High Yield Bond ETF (JNK), SPDR Nuveen Barclays Short Term Municipal Bond ETF (SHM), SPDR Nuveen Barclays Municipal Bond ETF (TFI), Direxion Daily Financial Bull 3X Shares (FAS), iShares MSCI Pacific ex Japan ETF (EPP), Nuveen Municipal Value Fund (NUV), Adams Diversified Equity Fund (ADX), WisdomTree Emerging Markets High Dividend Fund (DEM), Goldman Sachs BDC (GSBD), PIMCO Corporate & Income Opportunity Fund (PTY), Hercules Capital (HTGC), Royce Value Trust (RVT), Liberty All-Star Equity Fund (USA) and Tri-Continental (TY).#N#View all of DNP's competitors..
What other stocks do shareholders of DNP Select Income Fund own?
Based on aggregate information from My MarketBeat watchlists, some companies that other DNP Select Income Fund investors own include AT&T (T), Altria Group (MO), Citrix Systems (CTXS), Johnson & Johnson (JNJ), The Coca-Cola (KO), Exxon Mobil (XOM), STAG Industrial (STAG), Gladstone Capital (GLAD), Main Street Capital (MAIN) and Realty Income (O).
News
DNP Select Income Fund Inc is a closed-ended investment management fund. The primary investment objectives of the fund are current income and long-term growth of income. Its secondary objective is capital appreciation. The Fund seeks to achieve its investment objectives by investing in the public utility industry.
Trending Stocks
Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices. Stock prices may also move more quickly in this environment.
DNP Select Income Fund Announces Dividends And Sources Of Distribution
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:
DNP Select Income Fund Inc. Will Redeem Mandatory Redeemable Preferred Shares Series B and Series D
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.
Merger of Duff & Phelps Utility and Corporate Bond Trust Inc. with DNP Select Income Fund Inc. Completed
DNP Select Income Fund Inc. (NYSE: DNP) (the "Fund") today announced that the merger of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) with and into DNP has been completed. The combined fund retains DNP's name and ticker symbol, as well as DNP's investment objectives, strategies and policies.
DNP Select Income Fund Responds To Shareholder FAQs Related To Proposed Merger
On January 29, 2021, DNP Select Income Fund Inc.
DNP Select Income Fund and Duff & Phelps Utility and Corporate Bond Trust Announce Proposed Merger
The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP) and Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC), closed-end funds advised by Duff & Phelps Investment Management Co., today announced a proposed merger of DUC with and into DNP.
Signals & Forecast
The Duff & Phelps Utilities Income Inc stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Support, Risk & Stop-loss
Duff & Phelps Utilities Income Inc finds support from accumulated volume at $10.61 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Duff & Phelps Utilities Income Inc stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Duff & Phelps Utilities Income Inc stock to perform well in the short-term.
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