DNP Select Income Fund Inc. Section 19(a) Notice
December 09 2024 - 4:00PM
Business Wire
Notification of Sources of Distribution
Distribution Period
November 2024
Distribution Amount Per Share of Common
Stock
$0.065
The following table sets forth the estimated amounts of the
current distribution, payable December 10, 2024 to shareholders of
record November 29, 2024, together with the cumulative
distributions paid this fiscal year-to-date (YTD) from the
following sources. The fiscal year is November 1, 2024 to October
31, 2025. All amounts are expressed per share of common stock based
on U.S. generally accepted accounting principles, which may differ
from federal income tax regulations.
Distribution Estimates
November 2024
Fiscal YTD
Sources
Per Share Amount
% of Current Distribution
Per Share Amount
% of Cumulative Distributions
Net Investment Income
$
0.028
43%
$
0.028
43%
Net Realized Short-Term Capital Gains
-
-
-
-
Net Realized Long-Term Capital Gains
0.037
57%
0.037
57%
Return of Capital (or Other Capital
Source)
-
-
-
-
Total (per common share)
$
0.065
100%
$
0.065
100%
August 31, 2024
Average annual total return* on NAV for
the 5 years
6.06%
Annualized current distribution rate as a
percentage of NAV
8.59%
Cumulative total return on NAV for the
fiscal YTD
28.21%
Cumulative fiscal YTD distributions as a
percentage of NAV
7.15%
The Fund will issue a separate 19(a) notice at the time of each
monthly distribution using the most current financial information
available. You should not draw any conclusions about the Fund's
investment performance from the amount of this distribution or from
the terms of the Fund’s managed distribution plan.
The amounts and sources of distributions reported in this notice
are only estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for tax
reporting purposes will depend upon the Fund's investment
experience during the remainder of the fiscal year and may be
subject to changes based on tax regulations. The Fund or your
broker will send you a Form 1099-DIV for the calendar year that
will tell you how to report these distributions for federal income
tax purposes.
* Simple arithmetic average of each of the past five annual
returns.
DNP Select Income Fund Inc. (NYSE: DNP) is a closed-end
diversified investment management company. The Fund’s primary
investment objectives are current income and long-term growth of
income. The Fund seeks to achieve these objectives by investing
primarily in a diversified portfolio of equity and fixed income
securities of companies in the public utilities industry. For more
information, visit the Fund’s website at www.dpimc.com/dnp or call
the Fund at (800) 864-0629.
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version on businesswire.com: https://www.businesswire.com/news/home/20241209491754/en/
Dianna P. Wengler or Donny C. Overton (833) 604-3163
DNP Select Income (NYSE:DNP)
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