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

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) declared a monthly dividend on Wednesday, December 18th, Wall Street Journal reports. Investors of record on Tuesday, March 11th will be paid a dividend of 0.126 per share on Monday, March 31st. This represents a $1.51 annualized dividend and a yield of 7.58%. The ex-dividend date is Tuesday, March 11th.

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

Cohen & Steers Select Preferred and Income Fund Trading Down 1.1 %

Shares of NYSE:PSF opened at $19.94 on Friday. Cohen & Steers Select Preferred and Income Fund has a twelve month low of $18.45 and a twelve month high of $21.60. The company’s 50 day moving average is $20.13 and its 200 day moving average is $20.39.

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.