DNP Stock Recent News

DNP is a utilities equities closed end fund with a substantial track record. The fund is one of those rare, golden standard CEFs that have always traded at premiums to NAV in the past decade.

DNP Select Income Fund invests in a diversified portfolio of utilities and other stable companies to provide investors with a high level of current income. The fund does very limited trading over time, which helps it keep costs down and beat its benchmark index.

All investments compete against each other and the risk-free rate. While we don't consider the utilities sector particularly attractive, there are always opportunities to make a buck.

DNP is a utility sector focused CEF. It has paid a consistent $0.065/month distribution for years.

DNP is a famous fund that has maintained its distribution through thick and thin. The current 7.8% yield looks tempting in this market.