Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) to Issue Monthly Dividend of $0.13 on September 30th

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Monday, June 24th, Wall Street Journal reports. Shareholders of record on Tuesday, September 10th will be paid a dividend of 0.134 per share on Monday, September 30th. This represents a $1.61 dividend on an annualized basis and a yield of 7.91%. The ex-dividend date is Tuesday, September 10th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has increased its dividend payment by an average of 131.3% annually over the last three years.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Trading Down 0.7 %

Shares of PTA stock opened at $20.33 on Friday. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 52-week low of $16.48 and a 52-week high of $20.61. The stock has a fifty day simple moving average of $20.00 and a two-hundred day simple moving average of $19.48.

About Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a close-end fixed income mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in fixed income markets of global region. The fund invests directly and through derivates in preferred stock and debt securities, floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, contingent capital securities that are rated BBB- or above by S&P.