Cohen & Steers Select Pref & Inc Fd (PSF) Receives News Impact Rating of 0.37

Media stories about Cohen & Steers Select Pref & Inc Fd (NYSE:PSF) have been trending positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cohen & Steers Select Pref & Inc Fd earned a coverage optimism score of 0.37 on Accern’s scale. Accern also assigned news stories about the company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the immediate future.

Cohen & Steers Select Pref & Inc Fd (PSF) traded down 1.29% during midday trading on Tuesday, reaching $28.41. 71,167 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $28.45 and a 200 day moving average price of $27.39. Cohen & Steers Select Pref & Inc Fd has a 52 week low of $24.82 and a 52 week high of $29.16.

The company also recently disclosed a monthly dividend, which was paid on Monday, July 31st. Stockholders of record on Thursday, July 20th were paid a dividend of $0.172 per share. The ex-dividend date was Tuesday, July 18th. This represents a $2.06 annualized dividend and a dividend yield of 7.27%.

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About Cohen & Steers Select Pref & Inc Fd

Cohen & Steers Select Preferred and Income Fund, Inc is a diversified, closed-end investment company. The Fund’s primary investment objective is high current income through investment in preferred and other income securities. Its secondary investment objective is capital appreciation. The preferred and other income securities are issued by the United States and non-the United States companies, such as banks, insurance companies, real estate investment trusts (REITs), other diversified financials, as well as energy, pipeline and telecommunications companies.

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