DNP Select Income Fund Dividend
Dividend criteria checks 3/6
DNP Select Income Fund is a dividend paying company with a current yield of 8.95%. Next payment date is on 10th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
8.9%
Dividend yield
-152%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 10 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | -US$0.51 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
DNP: Unsustainable Strategy In The Higher For Longer Environment
Apr 29DNP: 3 Reasons We Are Moving Back To A Sell For This Utility Fund
Mar 04DNP: Remain Neutral On Fund Valuations
Dec 21DNP: Rising Rates Pressure NII But Still Expensive
Nov 10DNP: Risk Management Always Pays Off
Sep 07DNP: Top 10 Big-Yield CEFs
Jul 18DNP Vs. UTG: 2 Solid Long-Term Infrastructure Income Plays
Jun 30DPG And DNP: Big Distribution Cut From One, Warning For The Other
Jun 20DNP: A Golden Utilities CEF, Currently Extremely Overpriced
Jan 20DNP Select Income Fund declares $0.065 dividend
Dec 15DNP: Excellent Income Fund But Best To Sit On The Sidelines
Dec 09DNP And UTG: A Switch Makes Sense
Oct 04DNP Select Income Fund declares $0.065 dividend
Sep 22DNP: Utility Sector Valuations At Extremes
Sep 03DNP: The Enigma Running Out Of Room To Sustain The Distribution
Jun 20Evaluating Closed-End Funds: DNP Should Do Well With Rising Rates
Apr 16DNP: Reduce Market Volatility With A Defensive Utilities Fund
Jan 28DNP: A High-Yield CEF With Time-Tested Distributions
Oct 22Evaluating CEFs: DNP Offers Stable Income With No Drama
Aug 10DNP: Strong Utilities CEF, 7.3% Distribution Yield, Market-Beating NAV Returns
Jun 29DNP: The 7.50% Yield Is Nice But The Fund Looks Overpriced
Jun 20DNP: The Most Steady Monthly Payer, 7.47% Yield
Dec 23DNP Select Income Fund declares $0.065 dividend
Dec 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| DNP Select Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DNP) | 8.9% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (DNP) | n/a |
Notable Dividend: DNP's dividend (8.95%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: DNP's dividend (8.95%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: DNP is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (162.6%), DNP's dividend payments are not well covered by cash flows.