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) announced a monthly dividend on Friday, December 20th,Wall Street Journal reports. Investors of record on Tuesday, March 11th will be given a dividend of 0.126 per share on Monday, March 31st. This represents a $1.51 annualized dividend and a dividend yield of 7.69%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Select Preferred and Income Fund has decreased its dividend by an average of 1.3% per year over the last three years.

Cohen & Steers Select Preferred and Income Fund Stock Up 0.8 %

Cohen & Steers Select Preferred and Income Fund stock opened at $19.66 on Friday. Cohen & Steers Select Preferred and Income Fund has a 12 month low of $18.45 and a 12 month high of $21.60. The company has a fifty day moving average price of $20.40 and a two-hundred day moving average price of $20.27.

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.