DNP Stock Recent News

DNP LATEST HEADLINES

DNP Stock News Image - seekingalpha.com

We moved the DNP Select Income Fund to a Sell a few months back. The CEF has underperformed XLU by 18% since then. We go over the reasons for our upgrade and compare the longer-term performance to UTG, UTG, and BUI.

seekingalpha.com 2024 Jun 17
DNP Stock News Image - businesswire.com

CHICAGO--(BUSINESS WIRE)--Notification of Sources of Distribution Distribution Period May 2024 Distribution Amount Per Share of Common Stock $0.065 The following table sets forth the estimated amounts of the current distribution, payable June 10, 2024 to shareholders of record May 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 comm.

businesswire.com 2024 Jun 07
DNP Stock News Image - seekingalpha.com

DNP Select Income Fund is a closed-end fund focused on utilities. The fund is composed mostly of utility equities, with a smaller allocation to MLPs, bonds, and cash. DNP's premium to NAV (Net Asset Value) is currently low compared to its historical average, presenting a potential buying opportunity.

seekingalpha.com 2024 May 23
DNP Stock News Image - https://www.accesswire.com

FRANKLIN, TN / ACCESSWIRE / May 20, 2024 / At the core of Fast Pace Health's mission lies a profound commitment to the mental well-being of the communities we serve. This dedication is particularly notable during May's Mental Health Awareness Month, a vital opportunity to raise awareness about the urgent need for compassionate and comprehensive mental health care. Fast Pace Health is increasing access to care by adding Ashley Graves, Psychiatric-Mental Health Nurse Practitioner (PMHNP-BC), Mary Cada, PMHNP-BC, and Brandi Batten, Licensed Professional Counselor (LPC) to its team. Fast Pace Health Fast Pace Health - a leader in on-demand healthcareRecognizing Mental Health Awareness MonthAs we celebrate Mental Health Awareness Month in May, Fast Pace Health acknowledges its team of over 40 dedicated professionals, including Psychiatric-Mental Health Nurse Practitioners and Therapists. This group of exceptional individuals represents the backbone of our Behavioral Health Team and embodies

https://www.accesswire.com 2024 May 20
DNP Stock News Image - Seeking Alpha

GUT: Destructive Return Of Capital Distributions Makes It Hard To Recommend This Expensive CEF

Seeking Alpha 2024 May 07
DNP Stock News Image - Seeking Alpha

DNP Select Income Fund focuses on high-quality utility and energy infrastructure investments, with a majority of its exposure in publicly traded utility companies. The fund has a diversified portfolio of large-cap utility businesses with mostly IG balance sheets, which can accommodate stable distributions. However, DNP has failed to grow its dividend for over two decades and has underperformed the market over the past decade.

Seeking Alpha 2024 Apr 29
DNP Stock News Image - Seeking Alpha

DNP Select Income Fund has struggled to make headway in the past 15 months, underperforming the S&P 500 by 45%. The recent outperformance of the price relative to NAV has opened up the "jaws" once again. We tell you why we are moving to a Sell once again.

Seeking Alpha 2024 Mar 04
DNP Stock News Image - Seeking Alpha

I am a fan of monthly dividends, because they provide income stability and slightly increase the speed of compounding. I highlight eight monthly dividend payers that I consider to be high-quality investments with sustainable payouts. Monthly dividends are great, but not at the expense of the quality of assets, management, and balance sheet. Those factors are more important.

Seeking Alpha 2024 Feb 04
DNP Stock News Image - Seeking Alpha

DNP Select Income Fund has had a rough year, losing approximately 17% in total returns compared to gains in the S&P 500. Utility sector valuations have normalized, making the sector attractive on a relative basis. While DNP's premium valuation has normalized a bit, it is still richly valued relative to its assets so caution is recommended.

Seeking Alpha 2023 Dec 21
DNP Stock News Image - Seeking Alpha

We had rated DNP a Strong Sell, as the fund had a toxic combination of leverage and premium to NAV. DNP has dropped sharply and thesis has been validated. We compare this with another fund, BUI, and tell you why we prefer the latter.

Seeking Alpha 2023 Dec 04
10 of 42