Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) to Issue Monthly Dividend of $0.13 on March 31st

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Wednesday, December 18th, Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be given a dividend of 0.134 per share on Monday, March 31st. This represents a $1.61 annualized dividend and a dividend yield of 8.11%. The ex-dividend date is Tuesday, March 11th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has increased its dividend payment by an average of 0.7% annually over the last three years.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Up 0.2 %

NYSE:PTA opened at $19.84 on Friday. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 12 month low of $18.19 and a 12 month high of $21.28. The company has a 50-day moving average price of $19.74 and a 200-day moving average price of $20.12.

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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a close-end fixed income mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in fixed income markets of global region. The fund invests directly and through derivates in preferred stock and debt securities, floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, contingent capital securities that are rated BBB- or above by S&P.