Reminder - Cohen & Steers Select Preferred And Income Fund (PSF) Goes Ex-Dividend Soon

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.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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:

PSF+Dividend+History+Chart

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:

Cohen & Steers Select Preferred and Income Fund 200 Day Moving Average Chart

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.

null

More from Stocks

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

The Best Investment Advice? Stay Diversified

The Best Investment Advice? Stay Diversified

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Listen: Should You Buy Cisco Now?

Listen: Should You Buy Cisco Now?

Amazon Could Devastate Walgreens and Rite Aid by Getting Into Pharmacy Business

Amazon Could Devastate Walgreens and Rite Aid by Getting Into Pharmacy Business