DNP News and Press, DNP Select Income Fund Inc. From 05/02/22

April dividend yield increased a bit to 4.8%, with income down a bit by 0.6% from 2021 and down 2.6% from Jan 2022 Q1. RIG value is green, up 4.2% YTD and holds the advantage by 17.5% over the S&P 500 which was down 8.8% for April and 13.3% YTD. Transactions were 1 sell, 1 buy...

We review CEF market valuation and performance through the second week of April and highlight recent market action. The recent rally fizzled as the CEF space fell sharply with most sectors dropping more than 1%. We highlight funds that are likely to be more resilient in the face o...

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. Utilities do well in a rising rate environment, so DNP is a good choice. For further details see: Evaluating...

PDT is a CEF that invests in a diversified portfolio of dividend paying common stocks and preferred securities. The fund is defensively set up, with over 51% of its current composition coming from the utilities sector. On a trailing total return basis, we see 5- and 10-year return...

Warren Buffett once listed the only 3 ways that a smart person can go broke. We zero in on one of those reasons to explain why it is so dangerous for investors. We then make the connection to why we don't buy CEFs. For further details see: Buffett Warns Of How Smart Peop...

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. We will be looking at a review o...

This is one way closed-end funds can grow their total share count, contrary to the "closed" part of their structure. When utilizing a dividend reinvestment plan or DRIP, it is generally a win-win-win scenario for all involved. Many DRIPs are implemented in the same manner, with th...

Shares of DNP Select Income Fund Inc. (NYSE:DNP) traded today at $11.70, eclipsing its 52-week high. So far today approximately 222,000 shares have been exchanged, as compared to an average 30-day volume of 650,000 shares. The primary investment objective is current income and long-term ...

20 Dividend payments increased income 22.2% over Feb 2021 and raised forward income by 19.5%. Portfolio value is up 1.9% ytd, up 19.9% from Feb 2021, 23.2% from Jan 2021 and up 0.14% from last month. Complete listing of all 89 RIG companies and when they make their dividend paymen...

Shares of DNP Select Income Fund Inc. (NYSE:DNP) traded today at $11.32, eclipsing its 52-week high. Approximately 133,000 shares have changed hands today, as compared to an average 30-day volume of 655,000 shares. DNP Select Income Fund Inc is a closed-ended investment management fund. ...