Duff & Phelps Utilities Income Stock News

DNP has been one of the most consistent distribution payers of any CEF, keeping their monthly $0.065 going since 1997.

DNP is a utilities equities closed end fund with a substantial track record. The fund has never traded at a discount to NAV in the past decade being a magnet for retail investors through its stable, t

The Month In Closed-End Funds: December 2021

No portfolio or strategy can be perfect. But can there be a strategy that can work well in a bull market, a bear market, or a stagnant market, generate a decent income, and conserve capital, all at th

Kestra Advisory Services LLC lifted its position in shares of DNP Select Income Fund Inc. (NYSE:DNP) by 5.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,158 shares of the investment management companys stock after purchasing an additional []

Goldman Sachs Group Inc. bought a new position in DNP Select Income Fund Inc. (NYSE:DNP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,335 shares of the investment management companys stock, valued at approximately $160,000. A number of other large investors []

GSB Wealth Management LLC decreased its position in DNP Select Income Fund Inc. (NYSE:DNP) by 78.6% during the 3rd quarter, Holdings Channel reports. The fund owned 76,945 shares of the investment management companys stock after selling 283,239 shares during the quarter. GSB Wealth Management LLCs holdings in DNP Select Income Fund were worth $820,000 as []

Pinnacle Bancorp Inc. increased its position in DNP Select Income Fund Inc. (NYSE:DNP) by 24.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,051 shares of the investment management companys stock after purchasing an additional 1,000 shares during the period. Pinnacle Bancorp Inc.s holdings in DNP Select Income Fund were worth $54,000 []

Wesbanco Bank Inc. decreased its stake in DNP Select Income Fund Inc. (NYSE:DNP) by 7.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 58,335 shares of the investment management companys stock after selling 5,000 shares during the quarter. Wesbanco Bank Inc.s holdings in DNP Select Income Fund were worth $622,000 as of its []

No portfolio or strategy can be perfect. But can there be a strategy that can work well in a bull market, a bear market, or a stagnant market, generate a decent income, and conserve capital, all at th

ZTR - 60/40 CEF With Mixed Results, 9.9% Yield

DNP is a closed-end fund managed by Duff & Phelps that utilizes a utilities-focused portfolio to drive current income and total return. The fund is one of the oldest publicly-traded CEFs and has never

There were a total of 7 closed-end funds that have never cut their distributions with inceptions before 2008/09's GFC. We will see the loss of one of those names with PKO set to merge with PDI.

CHICAGO, Oct. 11, 2021 /PRNewswire/ -- Notification of Sources of Distribution Distribution Period    September 2021 Distribution Amount Per Share of Common Stock $0.065 The following table sets fo