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) announced a monthly dividend on Monday, December 23rd,Wall Street Journal reports. Stockholders 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 dividend yield of 7.69%. The ex-dividend date of this dividend is Tuesday, March 11th.

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

Cohen & Steers Select Preferred and Income Fund Stock Up 0.8 %

Shares of PSF stock opened at $19.66 on Monday. Cohen & Steers Select Preferred and Income Fund has a 1 year low of $18.45 and a 1 year high of $21.60. The stock’s 50-day moving average is $20.40 and its two-hundred day moving average is $20.28.

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.