DNP Select Income Fund Inc. Section 19(a) Notice
DNP Select Income Fund Inc. has announced its September 2024 distribution of $0.065 per share of common stock, payable on October 10, 2024, to shareholders of record as of September 30, 2024. The distribution sources are:
- 20% ($0.013) from Net Investment Income
- 80% ($0.052) from Net Realized Long-Term Capital Gains
The Fund's fiscal year-to-date distributions total $0.715 per share, with 24% from Net Investment Income, 64% from Net Realized Long-Term Capital Gains, and 12% from Return of Capital. As of August 31, 2024, the Fund's 5-year average annual total return on NAV was 6.06%, with an annualized current distribution rate of 8.59% of NAV. The cumulative total return on NAV for the fiscal year-to-date is 28.21%.
DNP Select Income Fund Inc. ha annunciato la distribuzione di settembre 2024 di $0.065 per azione di azioni ordinarie, che sarà pagata il 10 ottobre 2024 agli azionisti registrati al 30 settembre 2024. Le fonti di distribuzione sono:
- 20% ($0.013) da Reddito Netto da Investimenti
- 80% ($0.052) da Guadagni in Capitale a Lungo Termine Realizzati Netti
Le distribuzioni totali dell'anno fiscale fino ad oggi ammontano a $0.715 per azione, con il 24% proveniente da Reddito Netto da Investimenti, il 64% da Guadagni in Capitale a Lungo Termine Realizzati Netti, e il 12% da Restituzione di Capitale. Al 31 agosto 2024, il rendimento totale medio annuale del Fondo su NAV negli ultimi 5 anni era 6.06%, con un tasso di distribuzione annualizzato attuale del 8.59% su NAV. Il rendimento totale cumulativo su NAV per l'anno fiscale fino ad oggi è 28.21%.
DNP Select Income Fund Inc. ha anunciado su distribución de septiembre de 2024 de $0.065 por acción de acciones comunes, que se pagará el 10 de octubre de 2024 a los accionistas registrados a partir del 30 de septiembre de 2024. Las fuentes de distribución son:
- 20% ($0.013) de Ingresos Netos de Inversiones
- 80% ($0.052) de Ganancias de Capital a Largo Plazo Realizadas Netas
Las distribuciones totales del fondo hasta la fecha del año fiscal ascienden a $0.715 por acción, con el 24% proveniente de Ingresos Netos de Inversiones, el 64% de Ganancias de Capital a Largo Plazo Realizadas Netas, y el 12% de Devolución de Capital. A 31 de agosto de 2024, el retorno total anual promedio del Fondo sobre NAV en los últimos 5 años fue de 6.06%, con una tasa de distribución anualizada actual de 8.59% sobre NAV. El retorno total acumulado sobre NAV para el año fiscal hasta la fecha es de 28.21%.
DNP Select Income Fund Inc.는 2024년 9월 배당금을 $0.065 per share의 보통주로 발표했습니다. 이 배당금은 2024년 10월 10일에 2024년 9월 30일 기준 주주에게 지급됩니다. 배당금의 출처는 다음과 같습니다:
- 20% ($0.013) - 순 투자 수익
- 80% ($0.052) - 순 실현 장기 자본 이익
펀드의 회계연도 기준으로 현재까지의 배당금 총액은 $0.715 per share이며, 여기서 24%는 순 투자 수익, 64%는 순 실현 장기 자본 이익, 12%는 자본 반환에서 나옵니다. 2024년 8월 31일 기준으로 펀드의 5년 평균 연간 NAV 총 수익률은 6.06%이고, NAV에 대한 연화 현재 배당률은 8.59%입니다. 회계연도 기준으로 NAV의 누적 총 수익률은 28.21%입니다.
DNP Select Income Fund Inc. a annoncé sa distribution de septembre 2024 de $0.065 par action d'actions ordinaires, payable le 10 octobre 2024, aux actionnaires inscrits au 30 septembre 2024. Les sources de distribution sont :
- 20% ($0.013) de Revenu Net d'Investissement
- 80% ($0.052) de Gains en Capital Réalisés à Long Terme Nets
Les distributions totales du fonds pour l'année fiscale à ce jour s'élèvent à $0.715 par action, dont 24% proviennent du Revenu Net d'Investissement, 64% des Gains en Capital Réalisés à Long Terme Nets, et 12% du Retour de Capital. Au 31 août 2024, le rendement total annuel moyen du fonds sur le NAV était de 6.06%, avec un taux de distribution annualisé actuel de 8.59% du NAV. Le rendement total cumulé sur le NAV pour l'année fiscale à ce jour est de 28.21%.
Der DNP Select Income Fund Inc. hat die September 2024 Ausschüttung von $0.065 pro Aktie der Stammaktien bekannt gegeben, die am 10. Oktober 2024 an die am 30. September 2024 registrierten Aktionäre ausgezahlt wird. Die Ausschüttungsquellen sind:
- 20% ($0.013) aus Nettoeinkommen aus Investments
- 80% ($0.052) aus realisierten Netto-Langfristige-Kapitalgewinnen
Die bislang für das laufende Geschäftsjahr ausgeschütteten Beträge belaufen sich auf insgesamt $0.715 pro Aktie, wobei 24% aus Nettoeinkommen aus Investments, 64% aus realisierten Netto-Langfristige-Kapitalgewinnen und 12% aus Rückzahlungen von Kapital stammen. Zum 31. August 2024 betrug die durchschnittliche jährliche Gesamtrendite des Fonds über den NAV in den letzten 5 Jahren 6.06%, mit einer annualisierten aktuellen Ausschüttungsquote von 8.59% des NAV. Die kumulierte Gesamtrendite des NAV für das laufende Geschäftsjahr beläuft sich auf 28.21%.
- None.
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| Distribution Period | September 2024 |
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Distribution Amount Per Share of Common Stock |
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The following table sets forth the estimated amounts of the current distribution, payable October 10, 2024 to shareholders of record September 30, 2024, together with the cumulative distributions paid this fiscal year-to-date (YTD) from the following sources. The fiscal year is November 1, 2023 to October 31, 2024. All amounts are expressed per share of common stock based on
Distribution Estimates |
September 2024 |
Fiscal YTD |
||
Sources |
Per Share Amount |
% of Current Distribution |
Per Share Amount |
% of Cumulative Distributions |
Net Investment Income |
|
|
|
|
Net Realized Short-Term Capital Gains |
- |
- |
- |
- |
Net Realized Long-Term Capital Gains |
0.052 |
|
0.458 |
|
Return of Capital (or Other Capital Source) |
- |
- |
0.085 |
|
Total (per common share) |
|
|
|
|
August 31, 2024 |
|
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Average annual total return* on NAV for the 5 years |
|
|
|
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Annualized current distribution rate as a percentage of NAV |
|
|
|
|
Cumulative total return on NAV for the fiscal YTD |
|
|
|
|
Cumulative fiscal YTD distributions as a percentage of NAV |
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|
|
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The Fund will issue a separate 19(a) notice at the time of each monthly distribution using the most current financial information available. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund’s managed distribution plan.
The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
* Simple arithmetic average of each of the past five annual returns.
DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end diversified investment management company. The Fund’s primary investment objectives are current income and long-term growth of income. The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. For more information, visit the Fund’s website at www.dpimc.com/dnp or call the Fund at (800) 864-0629.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241009228063/en/
Dianna P. Wengler or Donny C. Overton
Phone: (833) 604-3163
Source: DNP Select Income Fund Inc.
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