Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Plans Monthly Dividend of $0.13

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, November 10th will be paid a dividend of 0.134 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date of this dividend is Tuesday, November 10th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Performance

Shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund stock traded down $0.05 during trading hours on Wednesday, reaching $17.86. The company’s stock had a trading volume of 20,641 shares, compared to its average volume of 144,051. The firm has a 50 day moving average price of $18.57 and a 200-day moving average price of $19.00. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a one year low of $17.52 and a one year high of $20.92.

Institutional Investors Weigh In On Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elevation Wealth Partners LLC purchased a new position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter worth approximately $29,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 2nd quarter valued at $68,000. Closed End Fund Advisors Inc. bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the fourth quarter worth $225,000. COFG Advisors LLC purchased a new position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the fourth quarter worth $236,000. Finally, HighTower Advisors LLC bought a new position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the second quarter valued at $335,000.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Company Profile

The Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE: PTA) is a closed-end management investment company that seeks to provide high levels of after-tax total return. The fund pursues this objective primarily through investments in tax-advantaged preferred securities and other income-oriented instruments. Listed on the New York Stock Exchange, PTA offers investors access to a diversified portfolio of income-producing assets managed by a dedicated team of fixed-income specialists.