Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) to Issue Monthly Dividend of $0.14 on September 30th

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSFGet Rating) declared a monthly dividend on Friday, July 1st, Wall Street Journal reports. Investors of record on Wednesday, September 14th will be given a dividend of 0.135 per share on Friday, September 30th. This represents a $1.62 dividend on an annualized basis and a yield of 7.77%. The ex-dividend date is Tuesday, September 13th.

Cohen & Steers Select Preferred and Income Fund has increased its dividend payment by an average of 4.7% annually over the last three years.

Cohen & Steers Select Preferred and Income Fund Stock Down 0.3 %

Cohen & Steers Select Preferred and Income Fund stock opened at $20.85 on Friday. Cohen & Steers Select Preferred and Income Fund has a 1-year low of $19.97 and a 1-year high of $29.82. The company has a fifty day simple moving average of $21.25 and a 200 day simple moving average of $21.48.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PSF. UBS Group AG grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 27.8% in the 1st quarter. UBS Group AG now owns 378,562 shares of the company’s stock valued at $8,737,000 after acquiring an additional 82,338 shares during the period. Invesco Ltd. grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 46.7% in the 1st quarter. Invesco Ltd. now owns 146,443 shares of the company’s stock valued at $3,380,000 after acquiring an additional 46,634 shares during the period. Bank of America Corp DE grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 52.7% in the 1st quarter. Bank of America Corp DE now owns 113,888 shares of the company’s stock valued at $2,629,000 after acquiring an additional 39,323 shares during the period. Raymond James & Associates grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 41.6% in the 1st quarter. Raymond James & Associates now owns 32,966 shares of the company’s stock valued at $761,000 after acquiring an additional 9,679 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 16.0% in the 2nd quarter. NewEdge Advisors LLC now owns 15,996 shares of the company’s stock valued at $326,000 after acquiring an additional 2,212 shares during the period.

About Cohen & Steers Select Preferred and Income Fund

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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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