Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) to Issue $0.13 Monthly Dividend

by · The Markets Daily

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA – Get Free Report) announced a monthly dividend on Friday, December 20th,Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be given a dividend of 0.134 per share on Monday, March 31st. This represents a $1.61 dividend on an annualized basis and a dividend yield of 8.35%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has increased its dividend by an average of 131.3% per year over the last three years.

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

NYSE:PTA opened at $19.25 on Friday. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a twelve month low of $17.88 and a twelve month high of $21.28. The company’s 50-day moving average price is $20.23 and its 200-day moving average price is $20.13.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Company Profile

(Get Free Report)

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.

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