News headlines about Cohen & Steers Select (NYSE:PSF) have been trending positive on Tuesday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cohen & Steers Select earned a daily sentiment score of 0.36 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 48.2365151407757 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
PSF stock traded down $0.06 during mid-day trading on Tuesday, reaching $25.47. 72,029 shares of the company traded hands, compared to its average volume of 35,515. Cohen & Steers Select has a 52-week low of $25.37 and a 52-week high of $29.16.
The business also recently announced a monthly dividend, which will be paid on Friday, June 29th. Shareholders of record on Wednesday, June 20th will be issued a dividend of $0.172 per share. This represents a $2.06 dividend on an annualized basis and a yield of 8.10%. The ex-dividend date is Tuesday, June 19th.
About Cohen & Steers Select
Cohen & Steers Select Preferred and Income Fund, Inc is a diversified, closed-end investment company. The Fund’s primary investment objective is high current income through investment in preferred and other income securities. Its secondary investment objective is capital appreciation. The preferred and other income securities are issued by the United States and non-the United States companies, such as banks, insurance companies, real estate investment trusts (REITs), other diversified financials, as well as energy, pipeline and telecommunications companies.
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