Cohen & Steers Select Preferred and Income Fund About To Put More Money In Your Pocket (PSF)

Looking at the universe of stocks we cover at Dividend Channel, on 8/18/14, Cohen & Steers Select Preferred and Income Fund (PSF) will trade ex-dividend, for its monthly dividend of $0.172, payable on 8/29/14. As a percentage of PSF's recent stock price of $25.85, this dividend works out to approximately 0.67%, so look for shares of Cohen & Steers Select Preferred and Income Fund to trade 0.67% lower — all else being equal — when PSF shares open for trading on 8/18/14.

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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 7.99% 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 $22.58 per share, with $26.59 as the 52 week high point — that compares with a last trade of $25.85.

In Thursday trading, Cohen & Steers Select Preferred and Income Fund shares are currently up about 0.2% on the day.

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