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 Wednesday, June 25th, Wall Street Journal reports. Shareholders of record on Tuesday, September 9th will be given a dividend of 0.126 per share on Tuesday, September 30th. This represents a $1.51 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date is Tuesday, September 9th.

Cohen & Steers Select Preferred and Income Fund Trading Up 0.4%

Shares of Cohen & Steers Select Preferred and Income Fund stock opened at $19.94 on Thursday. Cohen & Steers Select Preferred and Income Fund has a 52-week low of $17.93 and a 52-week high of $21.60. The company’s 50-day simple moving average is $19.49 and its 200-day simple moving average is $19.74.

Hedge Funds Weigh In On Cohen & Steers Select Preferred and Income Fund

An institutional investor recently raised its position in Cohen & Steers Select Preferred and Income Fund stock. Royal Bank of Canada lifted its stake in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 12.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,488 shares of the company’s stock after acquiring an additional 7,895 shares during the period. Royal Bank of Canada’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $1,409,000 as of its most recent SEC filing.

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.