Cohen & Steers Select Pref & Inc Fd, Inc (NYSE:PSF) announced a monthly dividend on Thursday, June 13th, Wall Street Journal reports. Shareholders of record on Wednesday, July 17th will be given a dividend of 0.172 per share on Wednesday, July 31st. This represents a $2.06 dividend on an annualized basis and a yield of 7.14%. The ex-dividend date is Tuesday, July 16th.
Cohen & Steers Select Pref & Inc Fd has decreased its dividend by an average of 5.4% per year over the last three years.
PSF traded down $0.01 during trading on Thursday, reaching $28.91. 12,708 shares of the company’s stock were exchanged, compared to its average volume of 19,719. Cohen & Steers Select Pref & Inc Fd has a fifty-two week low of $21.74 and a fifty-two week high of $28.96.
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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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