DNP Select Income Fund Inc. Section 19(a) Notice
DNP Select Income Fund has announced its October 2024 distribution of $0.065 per share, payable November 12, 2024, to shareholders of record October 31, 2024. The distribution comprises 6% from net investment income ($0.004) and 94% from return of capital ($0.061). For the fiscal year-to-date, distributions total $0.780 per share, sourced from net investment income (22%), long-term capital gains (55%), and return of capital (23%). The Fund's performance metrics show an average annual total return on NAV of 6.06% over 5 years, with a current distribution rate of 8.59% of NAV. The fiscal YTD total return on NAV stands at 28.21%.
DNP Select Income Fund ha annunciato la sua distribuzione di ottobre 2024 di $0.065 per azione, pagabile il 12 novembre 2024, agli azionisti registrati al 31 ottobre 2024. La distribuzione comprende il 6% da reddito netto da investimenti ($0.004) e il 94% da rimborso di capitale ($0.061). Fino ad oggi nell'anno fiscale, le distribuzioni totali ammontano a $0.780 per azione, provenienti da reddito netto da investimenti (22%), guadagni in conto capitale a lungo termine (55%) e rimborso di capitale (23%). I parametri di performance del fondo mostrano un rendimento totale annuo medio sul NAV del 6.06% negli ultimi 5 anni, con un attuale tasso di distribuzione dell'8.59% del NAV. Il rendimento totale YTD sul NAV si attesta al 28.21%.
DNP Select Income Fund ha anunciado su distribución de octubre de 2024 de $0.065 por acción, a pagar el 12 de noviembre de 2024 a los accionistas registrados al 31 de octubre de 2024. La distribución consiste en un 6% de ingresos netos de inversión ($0.004) y un 94% de devolución de capital ($0.061). Hasta la fecha en el año fiscal, las distribuciones totales suman $0.780 por acción, provenientes de ingresos netos de inversión (22%), ganancias de capital a largo plazo (55%) y devolución de capital (23%). Los indicadores de rendimiento del fondo muestran un rendimiento total anual promedio sobre el NAV del 6.06% en 5 años, con una tasa de distribución actual del 8.59% del NAV. El rendimiento total del año fiscal hasta la fecha sobre el NAV se sitúa en un 28.21%.
DNP Select Income Fund는 2024년 10월 배당금을 주당 $0.065으로 발표하였으며, 이는 2024년 11월 12일에 2024년 10월 31일 기준 주주들에게 지급됩니다. 이번 배당은 순 투자 수익에서 6%($0.004)와 자본 환급에서 94%($0.061)로 구성되어 있습니다. 회계 연도 현재까지 배당금 총액은 주당 $0.780이며, 이는 순 투자 수익(22%), 장기 자본 이득(55%), 자본 환급(23%)에서 나왔습니다. 펀드의 성과 지표는 지난 5년 동안 NAV에 대한 평균 연간 총 수익률이 6.06%임을 보여주며, 현재 분배 비율은 NAV의 8.59%입니다. 회계 연도 현재 NAV에 대한 총 수익률은 28.21%입니다.
DNP Select Income Fund a annoncé sa distribution d'octobre 2024 de $0.065 par action, payable le 12 novembre 2024, aux actionnaires enregistrés au 31 octobre 2024. La distribution se compose de 6% de revenus nets d'investissement ($0.004) et de 94% de retour de capital ($0.061). Depuis le début de l'année fiscale, les distributions totalisent $0.780 par action, provenant des revenus nets d'investissement (22%), des plus-values à long terme (55%) et du retour de capital (23%). Les indicateurs de performance du fonds montrent un rendement total annuel moyen sur NAV de 6.06% sur 5 ans, avec un taux de distribution actuel de 8.59% du NAV. Le rendement total YTD sur NAV est de 28.21%.
DNP Select Income Fund hat die Ausschüttung für Oktober 2024 in Höhe von $0.065 pro Aktie angekündigt, die am 12. November 2024 an die Aktionäre, die am 31. Oktober 2024 registriert sind, ausgezahlt wird. Die Ausschüttung setzt sich zu 6% aus Nettoanlageerträgen ($0.004) und zu 94% aus Rückzahlung von Kapital ($0.061) zusammen. Seit Jahresbeginn belaufen sich die Ausschüttungen insgesamt auf $0.780 pro Aktie, die sich aus Nettoanlageerträgen (22%), langfristigen Kapitalgewinnen (55%) und Rückzahlung von Kapital (23%) zusammensetzen. Die Leistungskennzahlen des Fonds zeigen eine durchschnittliche jährliche Gesamtrückkehr auf NAV von 6.06% über 5 Jahre, mit einem aktuellen Ausschüttungszins von 8.59% des NAV. Die Gesamtrückkehr YTD auf NAV beträgt 28.21%.
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Distribution Period |
October 2024 |
Distribution Amount Per Share of Common Stock |
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The following table sets forth the estimated amounts of the current distribution, payable November 12, 2024 to shareholders of record October 31, 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 |
October 2024 |
Fiscal YTD |
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Sources |
Per Share Amount |
% of Current
|
Per Share Amount |
% of Cumulative
|
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Net Investment Income |
$ |
0.004 |
|
$ |
0.172 |
|
Net Realized Short-Term Capital Gains |
|
- |
- |
|
- |
- |
Net Realized Long-Term Capital Gains |
|
- |
- |
|
0.429 |
|
Return of Capital (or Other Capital Source) |
|
0.061 |
|
|
0.179 |
|
Total (per common share) |
$ |
0.065 |
|
$ |
0.780 |
|
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 |
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Cumulative total return on NAV for the fiscal YTD |
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Cumulative fiscal YTD distributions as a percentage of NAV |
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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/20241111969827/en/
Dianna P. Wengler or Donny C. Overton
Phone: (833) 604-3163
Source: DNP Select Income Fund Inc.
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