Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) to Issue Monthly Dividend of $0.13 on June 30th

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTAGet Free Report) announced a monthly dividend on Friday, March 28th, Wall Street Journal reports. Stockholders of record on Tuesday, June 10th will be given a dividend of 0.134 per share on Monday, June 30th. This represents a $1.61 annualized dividend and a dividend yield of 8.28%. The ex-dividend date is Tuesday, June 10th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has raised its dividend by an average of 0.7% per year over the last three years.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Price Performance

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund stock opened at $19.43 on Friday. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 1 year low of $18.19 and a 1 year high of $21.28. The company’s 50 day simple moving average is $19.74 and its 200-day simple moving average is $20.03.

About Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

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Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund is a close-end fixed income mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in fixed income markets of global region. The fund invests directly and through derivates in preferred stock and debt securities, floating-rate and fixed-to-floating-rate preferred securities, fixed- and floating-rate corporate debt securities, convertible securities, contingent capital securities that are rated BBB- or above by S&P.

Further Reading

Dividend History for Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA)

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