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

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) declared a monthly dividend on Tuesday, March 24th. Investors of record on Tuesday, April 14th will be paid a dividend of 0.126 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date is Tuesday, April 14th.

Cohen & Steers Select Preferred and Income Fund Trading Up 0.8%

Cohen & Steers Select Preferred and Income Fund stock opened at $19.51 on Wednesday. The stock has a 50-day moving average of $20.24 and a two-hundred day moving average of $20.46. Cohen & Steers Select Preferred and Income Fund has a one year low of $17.93 and a one year high of $21.20.

Institutional Trading of Cohen & Steers Select Preferred and Income Fund

Several large investors have recently bought and sold shares of the stock. Ameriflex Group Inc. purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund during the third quarter valued at $152,000. US Bancorp DE grew its stake in 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 during the last quarter. Integrated Wealth Concepts LLC grew its stake in Cohen & Steers Select Preferred and Income Fund by 5.4% during 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 last quarter. Arlington Capital Management Inc. increased its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 6.6% in the fourth 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 raised its stake in shares of Cohen & Steers Select Preferred and Income Fund by 70.0% in the fourth quarter. Comerica Bank now owns 12,219 shares of the company’s stock worth $248,000 after purchasing an additional 5,033 shares during 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.