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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Wednesday, June 26th, Wall Street Journal reports. Stockholders of record on Tuesday, August 13th will be paid a dividend of 0.134 per share on Friday, August 30th. This represents a $1.61 annualized dividend and a dividend yield of 8.29%. The ex-dividend date is Tuesday, August 13th.

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 Trading Up 0.2 %

Shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund stock traded up $0.03 during trading hours on Wednesday, reaching $19.39. 81,854 shares of the company’s stock were exchanged, compared to its average volume of 132,369. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a fifty-two week low of $16.48 and a fifty-two week high of $19.80. The company has a 50 day moving average of $19.19 and a two-hundred day moving average of $18.91.

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

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.