Chasing Income & Yield - buying DNP (100 shares, $78 div income)

DNP Select Income Fund Inc. (NYSE: DNP) is a diversified, closed-end management investment company. Its primary investment objective is current income and long-term growth of that income. Capital appreciation is a secondary objective.

The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.

Top 10 holdings:

NextEra Energy Inc.	3.7%
Alliant Energy Corp.	3.4%
Westar Energy Inc.	3.3%
CMS Energy Corp.	3.2%
Eversource Energy	3.2%
Sempra Energy	3.0%
DTE Energy Co.	2.8%
WEC Energy Group Inc.	2.8%
Ameren Corp.	2.7%
Public Service Enterprise Group Inc.	2.6%

as of 4/30/2016 (src: www.dnpselectincome.com)

Since 1987, this fund has produced an annualized return of over 9% (src:longrundata.com) on its dividend. Is that consistency or what !

I'm confident this fund will continue to perform and I hope to collect steady income from this holding for a very long time.

This purchase will add $78 dividend income to my dividend stock portfolio

Basic info:
Market CAP: 2.99B     EPS:$0.38   Dividend: $0.78 (7.33%)