Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) to Issue $0.13 Monthly Dividend

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) declared a monthly dividend on Friday, March 28th, Wall Street Journal reports. Stockholders of record on Tuesday, April 8th will be paid a dividend of 0.126 per share on Wednesday, April 30th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 7.56%. The ex-dividend date of this dividend is Tuesday, April 8th.

Cohen & Steers Select Preferred and Income Fund has decreased its dividend by an average of 0.8% annually over the last three years.

Cohen & Steers Select Preferred and Income Fund Trading Down 0.2 %

Shares of PSF traded down $0.04 on Friday, reaching $20.01. The company’s stock had a trading volume of 14,533 shares, compared to its average volume of 30,707. The firm has a fifty day moving average of $20.17 and a 200-day moving average of $20.36. Cohen & Steers Select Preferred and Income Fund has a twelve month low of $18.45 and a twelve month high of $21.60.

About Cohen & Steers Select Preferred and Income Fund

Cohen & Steers Select Preferred and Income Fund, Inc is a closed ended fixed income mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities.