Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Plans Monthly Dividend of $0.13

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) declared a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, September 8th will be paid a dividend of 0.126 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers Select Preferred and Income Fund Trading Down 0.5%

PSF stock opened at $19.70 on Tuesday. The company has a fifty day moving average price of $19.71 and a 200 day moving average price of $20.01. Cohen & Steers Select Preferred and Income Fund has a 12 month low of $18.95 and a 12 month high of $21.20.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund by 94.3% during the fourth quarter. Sanctuary Advisors LLC now owns 87,543 shares of the company’s stock worth $1,775,000 after buying an additional 42,484 shares during the period. Glaxis Capital Management LLC purchased a new position in shares of Cohen & Steers Select Preferred and Income Fund during the fourth quarter worth about $913,000. Fiera Capital Corp increased its position in Cohen & Steers Select Preferred and Income Fund by 84.5% in the 4th quarter. Fiera Capital Corp now owns 104,721 shares of the company’s stock valued at $2,124,000 after acquiring an additional 47,975 shares during the period. Fifth Third Bancorp acquired a new position in Cohen & Steers Select Preferred and Income Fund in the 1st quarter valued at about $247,000. Finally, Kestra Advisory Services LLC raised its stake in Cohen & Steers Select Preferred and Income Fund by 1.6% during the 1st quarter. Kestra Advisory Services LLC now owns 38,261 shares of the company’s stock valued at $742,000 after acquiring an additional 600 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Company Profile

Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) is a closed-end management investment company that seeks to provide shareholders with a high level of current income and the potential for capital appreciation. The fund trades on the New York Stock Exchange and offers investors exposure to a diversified portfolio of preferred and other hybrid securities, combining the liquidity of an exchange-traded vehicle with a specialized income strategy.

The fund’s primary business activity is investing in preferred stocks, bank capital instruments, trust preferreds and other hybrid capital structures issued by U.S.