NYSE:DNP

Stock Analysis Report

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Executive Summary

DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. More Details


Snowflake Analysis

Share Price & News

How has DNP Select Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DNP is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: DNP's weekly volatility (1%) has been stable over the past year.


Market Performance


7 Day Return

-1.3%

DNP

-2.6%

US Capital Markets

-4.6%

US Market


1 Year Return

-7.4%

DNP

38.0%

US Capital Markets

38.5%

US Market

Return vs Industry: DNP underperformed the US Capital Markets industry which returned 36.4% over the past year.

Return vs Market: DNP underperformed the US Market which returned 38.9% over the past year.


Shareholder returns

DNPIndustryMarket
7 Day-1.3%-2.6%-4.6%
30 Day-0.6%8.5%0.6%
90 Day-1.3%14.9%1.9%
1 Year-0.3%-7.4%41.3%38.0%41.5%38.5%
3 Year27.7%3.6%39.5%29.1%56.7%46.7%
5 Year50.4%5.5%140.6%110.9%123.5%98.6%

Long-Term Price Volatility Vs. Market

How volatile is DNP Select Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is DNP Select Income Fund undervalued compared to its fair value and its price relative to the market?

1.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DNP ($10.35) is trading above our estimate of fair value ($7.89)

Significantly Below Fair Value: DNP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: DNP is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: DNP is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DNP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DNP is good value based on its PB Ratio (1.2x) compared to the US Capital Markets industry average (10.9x).

Future Growth

How is DNP Select Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.6%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as DNP Select Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has DNP Select Income Fund performed over the past 5 years?

-8.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DNP is currently unprofitable.

Growing Profit Margin: DNP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DNP is unprofitable, and losses have increased over the past 5 years at a rate of 8.5% per year.

Accelerating Growth: Unable to compare DNP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DNP is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (9.9%).


Return on Equity

High ROE: DNP has a negative Return on Equity (-12.7%), as it is currently unprofitable.

Financial Health

How is DNP Select Income Fund's financial position?


Financial Position Analysis

Short Term Liabilities: DNP's short term assets ($79.0M) exceed its short term liabilities ($25.9M).

Long Term Liabilities: DNP's short term assets ($79.0M) do not cover its long term liabilities ($997.0M).


Debt to Equity History and Analysis

Debt Level: DNP's debt to equity ratio (37.5%) is considered satisfactory.

Reducing Debt: DNP's debt to equity ratio has reduced from 40.8% to 37.5% over the past 5 years.

Debt Coverage: DNP's debt is not well covered by operating cash flow (19.5%).

Interest Coverage: DNP is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Dividend

What is DNP Select Income Fund current dividend yield, its reliability and sustainability?

7.54%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: DNP's dividend (7.54%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: DNP's dividend (7.54%) is in the top 25% of dividend payers in the US market (3.72%)


Stability and Growth of Payments

Stable Dividend: DNP's dividends per share have been stable in the past 10 years.

Growing Dividend: DNP's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: DNP is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

13.3yrs

Average board tenure


CEO

Nathan Partain (63 yo)

20yrs

Tenure

Mr. Nathan Ivey Partain, CFA has been Director at Duff & Phelps Investment Management Co. since May 2007 and its Co-Chief Investment Officer since February 1, 2020. He served as Chief Investment Officer si...


Board Members

NamePositionTenureCompensationOwnership
Nathan Partain
Chief Executive Officer20yrsno data0.033%
$ 1.1m
David Vitale
Chairman11.75yrsUS$45.05k0.0079%
$ 252.6k
Christian Poindexter
Independent Director17.75yrsUS$36.13kno data
Philip McLoughlin
Independent Director11.75yrsUS$33.55k0.0037%
$ 117.5k
Carl Pollard
Independent Director18.83yrsUS$39.46kno data
Robert Genetski
Independent Director19.83yrsUS$36.88k0.023%
$ 725.4k
Eileen Moran
Director12.75yrsUS$39.47k0.00043%
$ 13.8k
Donald Burke
Independent Director6.58yrsno data0.0017%
$ 53.8k
Stewart Conner
Independent Director16.83yrsUS$31.23kno data
Geraldine McNamara
Independent Director11.75yrsUS$33.55k0.0033%
$ 104.7k

13.3yrs

Average Tenure

73.5yo

Average Age

Experienced Board: DNP's board of directors are seasoned and experienced ( 13.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

DNP Select Income Fund Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DNP Select Income Fund Inc.
  • Ticker: DNP
  • Exchange: NYSE
  • Founded: 1986
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$3.201b
  • Shares outstanding: 309.30m
  • Website: https://www.dnpselectincome.com

Location

  • DNP Select Income Fund Inc.
  • 200 South Wacker Drive
  • Suite 500
  • Chicago
  • Illinois
  • 60606
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DNPNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1987

Biography

DNP Select Income Fund Inc. is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equit...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/27 00:33
End of Day Share Price2021/02/26 00:00
Earnings2020/10/31
Annual Earnings2020/10/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.