DNP (DNP Selectome Fund) Dividend Payout Ratio : 0.53 (As of Apr. 2024)

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What is DNP Selectome Fund Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. DNP Selectome Fund's Dividend Payout Ratio for the months ended in Apr. 2024 was 0.53.

The historical rank and industry rank for DNP Selectome Fund's Dividend Payout Ratio or its related term are showing as below:

During the past 7 years, the highest Dividend Payout Ratio of DNP Selectome Fund was 0.57. The lowest was 0.35. And the median was 0.49.

DNP's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.675
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-15), the Dividend Yield % of DNP Selectome Fund is 8.40%.

During the past 7 years, the highest Trailing Annual Dividend Yield of DNP Selectome Fund was 9.57%. The lowest was 5.95%. And the median was 7.22%.

DNP Selectome Fund's Dividends per Share for the months ended in Apr. 2024 was $0.39.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

DNP Selectome Fund Dividend Payout Ratio Historical Data

The historical data trend for DNP Selectome Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DNP Selectome Fund Dividend Payout Ratio Chart

DNP Selectome Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Dividend Payout Ratio

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0.35

0.49

DNP Selectome Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Dividend Payout Ratio	Get a 7-Day Free Trial									0.44	-	0.62	-	0.53

Competitive Comparison of DNP Selectome Fund's Dividend Payout Ratio

For the Asset Management subindustry, DNP Selectome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DNP Selectome Fund's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DNP Selectome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where DNP Selectome Fund's Dividend Payout Ratio falls into.

DNP Selectome Fund Dividend Payout Ratio Calculation

DNP Selectome Fund's Dividend Payout Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Oct. 2023 )	/	EPS without NRI (A: Oct. 2023 )
	=	0.78	/	-0.47
	=	N/A

DNP Selectome Fund's Dividend Payout Ratio for the quarter that ended in Apr. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Apr. 2024 )	/	EPS without NRI (Q: Apr. 2024 )
	=	0.39	/	0.73
	=	0.53

DNP Selectome Fund (NYSE:DNP) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

DNP Selectome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of DNP Selectome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

DNP Selectome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DNP Select Income Fund Inc (NYSE:DNP) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 South Wacker Drive, Suite 1900, Chicago, IL, USA, 60606

Website

https://www.dpimc.com

DNP Select Income Fund Inc is a closed-ended investment management fund. The primary investment objectives of the fund are current income and long-term growth of income. Its secondary objective is capital appreciation. The Fund seeks to achieve its investment objectives by investing in the public utility industry.

Executives

Grumhaus David D Jr.	other: Officer of the Adviser	200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Daniel Petrisko	officer: VP and Asst. Secy.	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Kyle P. West	other: Portfolio Manager	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 S. WACKER DR., SUITE 500, CHICAGO IL 60606
Luecke Connie M	other: Officer of the Adviser	55 E MONROE ST SUITE 3600, CHICAGO IL 60603
Mareile B. Cusack	director	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Timothy P. Riordan	officer: Vice President	DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi	officer: CCO	C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
David J Vitale	director	C/O DNP SELECT INCOME FUND INC., 55 EAST MONROE ST, CHICAGO IL 60603
Robert J Genetski	director	195 N. HARBOR DR, SUITE 4903, CHICAGO IL 60601
Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
Hoffman Clifford W. Jr.	director	C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
Voya Financial, Inc.	10 percent owner	230 PARK AVENUE, NEW YORK NY 10169
Lion Connecticut Holdings Inc.	10 percent owner	ONE ORANGE WAY, WINDSOR CT 06095
Ing Life Insurance & Annuity Co	10 percent owner	ONE ORANGE WAY, WINDSOR CT 06095-4774