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 Friday, December 20th,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 dividend on an annualized basis 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 by an average of 1.3% annually over the last three years.

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

Shares of Cohen & Steers Select Preferred and Income Fund stock traded up $0.15 during midday trading on Friday, hitting $19.66. The company had a trading volume of 47,969 shares, compared to its average volume of 29,259. The business’s 50 day simple moving average is $20.43 and its two-hundred day simple moving average is $20.27. Cohen & Steers Select Preferred and Income Fund has a 1-year low of $18.45 and a 1-year 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.