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

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) declared a monthly dividend on Monday, June 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 9th will be paid a dividend of 0.126 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Tuesday, September 9th.

Cohen & Steers Select Preferred and Income Fund Stock Performance

Shares of NYSE:PSF opened at $20.48 on Friday. Cohen & Steers Select Preferred and Income Fund has a 1 year low of $17.93 and a 1 year high of $21.60. The business has a 50 day simple moving average of $20.37 and a two-hundred day simple moving average of $19.86.

Institutional Trading of Cohen & Steers Select Preferred and Income Fund

Large investors have recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the first quarter valued at approximately $38,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the second quarter valued at approximately $66,000. Comerica Bank boosted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 35.9% in the fourth quarter. Comerica Bank now owns 4,679 shares of the company’s stock valued at $93,000 after purchasing an additional 1,235 shares during the period. Ameriflex Group Inc. purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the fourth quarter valued at approximately $99,000. Finally, Arlington Capital Management Inc. purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the second quarter valued at approximately $216,000.

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.