DNP Select Income Fund Inc. Section 19(a) Notice
DNP Select Income Fund Inc. (NYSE: DNP) has announced its August 2024 distribution of $0.065 per share, payable on September 10, 2024, to shareholders of record as of August 31, 2024. The distribution sources include:
- 31% from Net Investment Income
- 30% from Net Realized Long-Term Capital Gains
- 39% from Return of Capital
The Fund's fiscal year-to-date cumulative distribution is $0.650 per share. As of May 31, 2024, DNP's average annual total return on NAV for the past 5 years was 6.72%, with an annualized current distribution rate of 9.64% as a percentage of NAV. The Fund's primary investment objectives are current income and long-term growth of income, focusing on a diversified portfolio of equity and fixed income securities in the public utilities industry.
Il DNP Select Income Fund Inc. (NYSE: DNP) ha annunciato la sua distribuzione di agosto 2024 di $0.065 per azione, che sarà pagata il 10 settembre 2024, agli azionisti registrati al 31 agosto 2024. Le fonti di distribuzione includono:
- 31% da Reddito Netto da Investimenti
- 30% da Guadagni di Capitale a Lungo Termine Realizzati Netti
- 39% da Ritorno di Capitale
La distribuzione cumulativa dall'inizio dell'anno fiscale del Fondo è di $0.650 per azione. Alla data del 31 maggio 2024, il rendimento totale annuale medio di DNP su NAV negli ultimi 5 anni era del 6.72%, con un tasso di distribuzione annualizzato attuale del 9.64% in percentuale di NAV. Gli obiettivi principali di investimento del Fondo sono il reddito attuale e la crescita a lungo termine del reddito, concentrandosi su un portafoglio diversificato di titoli azionari e a reddito fisso nel settore dei servizi pubblici.
DNP Select Income Fund Inc. (NYSE: DNP) ha anunciado su distribución de agosto de 2024 de $0.065 por acción, que se pagará el 10 de septiembre de 2024, a los accionistas de registro al 31 de agosto de 2024. Las fuentes de distribución incluyen:
- 31% de Ingresos Netos de Inversión
- 30% de Ganancias de Capital a Largo Plazo Realizadas Netas
- 39% de Retorno de Capital
La distribución acumulada desde el inicio del año fiscal del Fondo es de $0.650 por acción. A partir del 31 de mayo de 2024, el rendimiento total anual promedio de DNP sobre el NAV en los últimos 5 años fue del 6.72%, con una tasa de distribución anualizada actual del 9.64% como porcentaje del NAV. Los objetivos de inversión principales del Fondo son el ingreso actual y el crecimiento a largo plazo del ingreso, enfocándose en una cartera diversificada de valores de acciones y de renta fija en la industria de servicios públicos.
DNP 셀렉트 인컴 펀드 주식회사 (NYSE: DNP)는 2024년 8월 배당금을 주당 $0.065으로 발표하였으며, 2024년 9월 10일에 2024년 8월 31일 기준 주주에게 지급될 예정입니다. 배당금의 출처는 다음과 같습니다:
- 31% 순투자소득
- 30% 순 실현된 장기 자본이득
- 39% 자본회수
펀드의 회계 연도 누적 배당금은 $0.650 per 주입니다. 2024년 5월 31일 기준으로, DNP의 지난 5년 동안의 NAV에 대한 평균 연간 총 수익률은 6.72%였으며, 현재 배당률은 NAV의 9.64%입니다. 펀드의 주요 투자 목표는 현재 소득 및 장기 소득 성장으로, 공공 유틸리티 산업의 주식 및 고정 수익 증권의 다양한 포트폴리오에 중점을 두고 있습니다.
DNP Select Income Fund Inc. (NYSE: DNP) a annoncé sa distribution d'août 2024 de 0,065 $ par action, payable le 10 septembre 2024, aux actionnaires inscrits au 31 août 2024. Les sources de distribution comprennent :
- 31 % des Revenu Net d'Investissement
- 30 % des Gains en Capital Long Terme Réalisés Nets
- 39 % de Remboursement de Capital
La distribution cumulée depuis le début de l'exercice fiscal du Fonds est de 0,650 $ par action. Au 31 mai 2024, le rendement total annuel moyen de DNP sur NAV pour les 5 dernières années était de 6,72 %, avec un taux de distribution annualisé actuel de 9,64 % en pourcentage du NAV. Les principaux objectifs d'investissement du Fonds sont le revenu courant et la croissance à long terme de ce revenu, en mettant l'accent sur un portefeuille diversifié d'actions et de titres à revenu fixe dans le secteur des services publics.
DNP Select Income Fund Inc. (NYSE: DNP) hat seine Ausschüttung für August 2024 in Höhe von 0,065 USD pro Aktie angekündigt, die am 10. September 2024 an Aktionäre ausgezahlt wird, die am 31. August 2024 im Aktienregister stehen. Die Ausschüttungsquellen setzen sich zusammen aus:
- 31% aus Nettokapitaleinkünften
- 30% aus realisierten Netto-gewinnen aus langfristigen Kapitalanlagen
- 39% aus Rückzahlung von Kapital
Die kumulative Ausschüttung des Fonds seit Jahresbeginn beträgt 0,650 USD pro Aktie. Am 31. Mai 2024 lag die durchschnittliche jährliche Gesamtrendite von DNP auf NAV in den letzten 5 Jahren bei 6,72%, mit einer annualisierten aktuellen Ausschüttungsquote von 9,64% des NAV. Die Hauptanlagziele des Fonds sind aktuelle Einkünfte und langfristiges Einkommenswachstum, wobei der Fokus auf einem diversifizierten Portfolio von Eigenkapital- und festverzinslichen Wertpapieren im Bereich der öffentlichen Versorgungsleistungen liegt.
- None.
- None.
Distribution Period |
August 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 September 10, 2024 to shareholders of record August 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 |
August 2024 |
Fiscal YTD |
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Sources |
Per Share Amount |
% of Current Distribution |
Per Share Amount |
% of Cumulative Distributions |
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Net Investment Income |
$ |
0.020 |
|
$ |
0.156 |
|
Net Realized Short-Term Capital Gains |
|
- |
- |
|
- |
- |
Net Realized Long-Term Capital Gains |
|
0.020 |
|
|
0.383 |
|
Return of Capital (or Other Capital Source) |
|
0.025 |
|
|
0.111 |
|
Total (per common share) |
$ |
0.065 |
|
$ |
0.650 |
|
May 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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|
|
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Cumulative total return on NAV for the fiscal YTD |
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|
|
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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/20240909009199/en/
Dianna P. Wengler or Donny C. Overton
Phone: (833) 604-3163
Source: DNP Select Income Fund Inc.
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