DNP Select Income Fund Inc. Section 19(a) Notice
DNP Select Income Fund Inc. (NYSE: DNP) has announced its July 2024 distribution of $0.065 per share, payable on August 12, 2024, to shareholders of record as of July 31, 2024. The distribution sources include:
- 10% from Net Investment Income
- 90% from Net Realized Long-Term Capital Gains
The Fund's fiscal year-to-date distributions total $0.585 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 objectives are current income and long-term income growth, achieved through investments in public utilities industry equities and fixed income securities.
DNP Select Income Fund Inc. (NYSE: DNP) ha annunciato la distribuzione di luglio 2024 di $0.065 per azione, che sarà pagata il 12 agosto 2024, agli azionisti registrati al 31 luglio 2024. Le fonti di distribuzione includono:
- 10% da Reddito Netto da Investimenti
- 90% da Guadagni di Capitale a Lungo Termine Realizzati Netto
Le distribuzioni totali dell'anno fiscale fino ad oggi del fondo ammontano a $0.585 per azione. Al 31 maggio 2024, il rendimento totale annuale medio su NAV di DNP negli ultimi 5 anni era del 6.72%, con un tasso di distribuzione attuale annualizzato del 9.64% come percentuale del NAV. Gli obiettivi principali del fondo sono il reddito attuale e la crescita del reddito a lungo termine, raggiunti attraverso investimenti in titoli del settore delle pubbliche utilità e titoli a reddito fisso.
DNP Select Income Fund Inc. (NYSE: DNP) ha anunciado su distribución de julio de 2024 de $0.065 por acción, pagadera el 12 de agosto de 2024, a los accionistas registrados al 31 de julio de 2024. Las fuentes de la distribución incluyen:
- 10% de Ingresos Netos de Inversión
- 90% de Ganancias de Capital a Largo Plazo Realizadas Netas
Las distribuciones totales del fondo hasta la fecha fiscal de este año son de $0.585 por acción. Al 31 de mayo de 2024, el rendimiento total anual promedio en NAV de DNP durante los últimos 5 años fue del 6.72%, con una tasa de distribución actual anualizada del 9.64% como porcentaje de NAV. Los objetivos principales del fondo son el ingreso actual y el crecimiento del ingreso a largo plazo, logrados a través de inversiones en acciones de la industria de servicios públicos y valores de renta fija.
DNP Select Income Fund Inc. (NYSE: DNP)는 2024년 7월에 주당 $0.065 배당금을 발표했으며, 이는 2024년 8월 12일에 2024년 7월 31일 기준 주주에게 지급됩니다. 배당금의 출처는 다음과 같습니다:
- 10%는 순투자수익에서
- 90%는 순장기자본이득에서
이 펀드의 현재 회계연도 총 배당금은 주당 $0.585입니다. 2024년 5월 31일 기준으로, DNP의 지난 5년간 NAV에 대한 평균 연간 총 수익률은 6.72%였고, NAV의 비율로 현재 연간화 배당률은 9.64%입니다. 이 펀드의 주요 목표는 현재 수익 및 장기 수익 성장으로, 공공 유틸리티 산업 주식 및 고정 수입 증권에 투자하여 달성됩니다.
DNP Select Income Fund Inc. (NYSE: DNP) a annoncé sa distribution de juillet 2024 de 0,065 $ par action, payable le 12 août 2024, aux actionnaires enregistrés au 31 juillet 2024. Les sources de la distribution incluent :
- 10 % provenant des revenus nets d'investissement
- 90 % provenant des gains en capital à long terme réalisés nets
Les distributions totales du fonds pour l'exercice en cours s'élèvent à 0,585 $ par action. Au 31 mai 2024, le rendement total annuel moyen sur NAV pour DNP au cours des 5 dernières années était de 6,72 %, avec un taux de distribution courant annualisé de 9,64 % en pourcentage de NAV. Les objectifs principaux du fonds sont des revenus actuels et une croissance des revenus à long terme, réalisés grâce à des investissements dans des actions de l'industrie des services publics et des titres à revenu fixe.
DNP Select Income Fund Inc. (NYSE: DNP) hat die Ausschüttung für Juli 2024 von 0,065 $ pro Aktie bekannt gegeben, die am 12. August 2024 an Aktionäre mit einem Stichtag vom 31. Juli 2024 ausgezahlt wird. Die Ausschüttungsquellen umfassen:
- 10% aus Nettoanlageerträgen
- 90% aus realisierten Nettogewinnen aus langfristigen Kapitalanlagen
Die Ausschüttungen des Fonds für das laufende Geschäftsjahr belaufen sich insgesamt auf 0,585 $ pro Aktie. Zum 31. Mai 2024 betrug die durchschnittliche jährliche Gesamtrendite auf NAV von DNP in den letzten 5 Jahren 6,72%, mit einer annualisierten aktuellen Ausschüttungsquote von 9,64% als Prozentsatz des NAV. Die Hauptziele des Fonds sind aktuelle Einkünfte und das Wachstum des Einkommens auf lange Sicht, welche durch Investitionen in Aktien der öffentlichen Versorgungswirtschaft und festverzinsliche Wertpapiere erreicht werden.
- None.
- None.
| Distribution Period | July 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 August 12, 2024 to shareholders of record July 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 |
July 2024 |
Fiscal YTD |
||||
Sources |
Per Share Amount |
% of Current Distribution |
Per Share Amount |
% of Cumulative Distributions |
||
Net Investment Income |
$ |
0.007 |
|
$ |
0.135 |
|
Net Realized Short-Term Capital Gains |
|
- |
- |
|
- |
- |
Net Realized Long-Term Capital Gains |
|
0.058 |
|
|
0.362 |
|
Return of Capital (or Other Capital Source) |
|
- |
- |
|
0.088 |
|
Total (per common share) |
$ |
0.065 |
|
$ |
0.585 |
|
May 31, 2024 |
|
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Average annual total return* on NAV for the 5 years |
|
|
|
|||
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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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/20240809362822/en/
Dianna P. Wengler or Donny C. Overton
Phone: (833) 604-3163
Source: DNP Select Income Fund Inc.
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