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

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSFGet Free Report) announced a monthly dividend on Tuesday, December 12th, NASDAQ reports. Investors of record on Wednesday, February 14th will be given a dividend of 0.126 per share on Thursday, February 29th. This represents a $1.51 annualized dividend and a dividend yield of 7.78%. The ex-dividend date is Tuesday, February 13th.

Cohen & Steers Select Preferred and Income Fund has decreased its dividend payment by an average of 7.4% annually over the last three years.

Cohen & Steers Select Preferred and Income Fund Stock Up 0.1 %

NYSE:PSF opened at $19.44 on Monday. Cohen & Steers Select Preferred and Income Fund has a one year low of $16.00 and a one year high of $21.77. The stock has a 50 day moving average price of $19.37 and a 200 day moving average price of $18.55.

Institutional Investors Weigh In On Cohen & Steers Select Preferred and Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in PSF. Royal Bank of Canada increased its stake in Cohen & Steers Select Preferred and Income Fund by 3.7% during the second quarter. Royal Bank of Canada now owns 33,985 shares of the company’s stock worth $617,000 after acquiring an additional 1,220 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Cohen & Steers Select Preferred and Income Fund by 11.3% during the 1st quarter. NewEdge Advisors LLC now owns 13,784 shares of the company’s stock worth $318,000 after purchasing an additional 1,400 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Cohen & Steers Select Preferred and Income Fund in the 1st quarter valued at about $37,000. Osaic Holdings Inc. lifted its position in Cohen & Steers Select Preferred and Income Fund by 4.0% in the second quarter. Osaic Holdings Inc. now owns 55,867 shares of the company’s stock valued at $1,015,000 after buying an additional 2,140 shares during the last quarter. Finally, Cetera Advisor Networks LLC lifted its position in Cohen & Steers Select Preferred and Income Fund by 15.6% in the fourth quarter. Cetera Advisor Networks LLC now owns 16,506 shares of the company’s stock valued at $309,000 after buying an additional 2,222 shares during the last quarter.

About Cohen & Steers Select Preferred and Income Fund

(Get Free Report)

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.

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Dividend History for Cohen & Steers Select Preferred and Income Fund (NYSE:PSF)

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