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

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) declared a monthly dividend on Thursday, June 27th, Wall Street Journal reports. Shareholders of record on Tuesday, September 10th will be given a dividend of 0.126 per share on Monday, September 30th. This represents a $1.51 dividend on an annualized basis and a yield of 7.75%. The ex-dividend date of this dividend is Tuesday, September 10th.

Cohen & Steers Select Preferred and Income Fund has decreased its dividend payment by an average of 1.3% per year over the last three years.

Cohen & Steers Select Preferred and Income Fund Price Performance

PSF stock opened at $19.51 on Friday. The company’s 50-day moving average price is $19.29 and its two-hundred day moving average price is $19.40. Cohen & Steers Select Preferred and Income Fund has a 12 month low of $16.66 and a 12 month high of $20.19.

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.