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DNP Select Income Fund, Inc. Co Message Board

  • quest_for_information quest_for_information Sep 11, 2012 12:37 PM Flag

    Why is this going up with the offering

    10 days away. There must be some kind of a ratio other than the 1.12 to the NAV of the fund. Our people just wanting to pay a higher premium because of the past performance of DNP? The fund managers seem like they can extend the dead line for the offering also. It just does not figure why we are going up.

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    • The "ratio" is that more investors are seeing the light...dividend producing equities is where market income is. It is the safe way to make money in any market. Notice the Fed has already told everyone they won't think about rising interest rates for another full year..and farther out.
      DNP has a very solid track record not changing the dividend payout except for a few Christmas bonuses. I believe outsiders are seeing value in DNP and either don't know about the offering or don't care about the slight advantage the rights offer.

      Sentiment: Buy

 
DNP
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