Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) to Issue Monthly Dividend of $0.13 on March 31st

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) announced a monthly dividend on Tuesday, December 16th. Shareholders of record on Tuesday, March 10th will be given a dividend of 0.126 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Tuesday, March 10th.

Cohen & Steers Select Preferred and Income Fund Trading Down 0.4%

PSF opened at $20.02 on Friday. The firm’s fifty day moving average is $20.43 and its two-hundred day moving average is $20.52. Cohen & Steers Select Preferred and Income Fund has a twelve month low of $17.93 and a twelve month high of $21.20.

Institutional Trading of Cohen & Steers Select Preferred and Income Fund

Several hedge funds have recently added to or reduced their stakes in the business. Ameriflex Group Inc. acquired a new position in Cohen & Steers Select Preferred and Income Fund in the third quarter valued at about $152,000. US Bancorp DE lifted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 159.0% during the 3rd quarter. US Bancorp DE now owns 8,000 shares of the company’s stock valued at $166,000 after purchasing an additional 4,911 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 5.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 10,543 shares of the company’s stock valued at $219,000 after purchasing an additional 543 shares during the period. Arlington Capital Management Inc. grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 6.6% in the 4th quarter. Arlington Capital Management Inc. now owns 11,277 shares of the company’s stock valued at $229,000 after purchasing an additional 703 shares during the period. Finally, Comerica Bank increased its stake in Cohen & Steers Select Preferred and Income Fund by 70.0% during the 4th quarter. Comerica Bank now owns 12,219 shares of the company’s stock worth $248,000 after purchasing an additional 5,033 shares in the last quarter.

About Cohen & Steers Select Preferred and Income Fund

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.