Looking at the universe of stocks we cover at Dividend Channel, on 5/15/13, Cohen & Steers Select Preferred and Income Fund (PSF) will trade ex-dividend, for its monthly dividend of $0.172, payable on 5/31/13. As a percentage of PSF's recent stock price of $29.13, this dividend works out to approximately 0.59%, so look for shares of Cohen & Steers Select Preferred and Income Fund to trade 0.59% lower — all else being equal — when PSF shares open for trading on 5/15/13.
Below is a dividend history chart for PSF, showing historical dividends prior to the most recent $0.172 declared by Cohen & Steers Select Preferred and Income Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PSF is likely to continue, and whether the current estimated yield of 7.09% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PSF shares, versus its 200 day moving average:Looking at the chart above, PSF's low point in its 52 week range is $24.02 per share, with $29.28 as the 52 week high point — that compares with a last trade of $29.13.
In Monday trading, Cohen & Steers Select Preferred and Income Fund shares are currently off about 0.1% on the day.