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DNP Select Income Fund, Inc. Co Message Board

  • buyandwin buyandwin Apr 2, 2014 11:14 AM Flag

    Share Price Dropping Last 2 Weeks While NAV Increasing

    The share price premium as of yesterday's close is down to +2.97% That's the lowest premium for many years. Anyone have an idea as to if Management will give the 5% discount on the dividend due next week if the price remains at the current premium that is under 5%?

    b&w

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    • The distribution was dripped into additional shares at $9.482 which was the NAV as of the close of business April 9, 2014 the day before the distribution was paid. So the discount was not 5% since DNP was trading for less that the 5% premium.
      Is anyone interested in DNP as an investment and reading this board or is the board dead? I ask because I believe DNP is a good investment vehicle to grow wealth for the future.

      b&w

 
DNP
10.820.00(0.00%)May 22 4:00 PMEDT