Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) To Go Ex-Dividend on June 10th

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) declared a monthly dividend on Friday, March 28th, Wall Street Journal reports. Stockholders of record on Tuesday, June 10th will be given a dividend of 0.126 per share on Monday, June 30th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date of this dividend is Tuesday, June 10th.

Cohen & Steers Select Preferred and Income Fund Price Performance

NYSE PSF opened at $19.83 on Friday. The company’s fifty day simple moving average is $19.22 and its 200-day simple moving average is $19.79. Cohen & Steers Select Preferred and Income Fund has a 52 week low of $17.93 and a 52 week high of $21.60.

Institutional Trading of Cohen & Steers Select Preferred and Income Fund

A hedge fund recently raised its stake in Cohen & Steers Select Preferred and Income Fund stock. Royal Bank of Canada boosted its stake in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 12.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,488 shares of the company’s stock after acquiring an additional 7,895 shares during the period. Royal Bank of Canada’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $1,409,000 at the end of the most recent reporting period.

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.