Cohen & Steers Select Preferred and Income Fund, Inc. is a closed ended fixed income mutual fund launched by Cohen & Steers Inc. It is managed by Cohen & Steers Capital Management, Inc. The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities. The fund seeks to invest in traditional preferred securities, hybrid-preferred securities, floating rate preferred securities, corporate debt securities, and convertible securities with maturity of ten years or more. It intends to utilize leverage in an amount up to 33.33% of its managed assets through borrowings. The fund uses fundamental analysis and focuses on factors like issuer's creditworthiness, account prevailing market factors, issuer's corporate and capital structure, and the placement of the preferred or debt securities within that structure. It benchmarks the performance of its portfolio against the BofA Merrill Lynch Fixed Rate Preferred Index, Barclays Capital U.S. Aggregate Bond Index, and a composite benchmark comprising of 50% of the BofA Merrill Lynch US Capital Securities Index and 50% of the BofA Merrill Lynch Fixed Rate Preferred Index. Cohen & Steers Select Preferred and Income Fund, Inc. was formed on August 16, 2010 and is domiciled in the United States.
Cohen & Steers Select Preferred and Income Fund Dividend Announcement
• Cohen & Steers Select Preferred and Income Fund announced a monthly dividend of $0.13 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-10
• Cohen & Steers Select Preferred and Income Fund annual dividend for 2024 was $1.51
• Cohen & Steers Select Preferred and Income Fund annual dividend for 2023 was $1.57
• Cohen & Steers Select Preferred and Income Fund's trailing twelve-month (TTM) dividend yield is 9.86%
• Cohen & Steers Select Preferred and Income Fund's payout ratio for the trailing twelve months (TTM) is 45.40%
• Cohen & Steers Select Preferred and Income Fund's dividend growth over the last five years (2018-2023) was -5.37% year
• Cohen & Steers Select Preferred and Income Fund's dividend growth over the last ten years (2013-2023) was -3.70% year
Cohen & Steers Select Preferred and Income Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-10 | $0.13 | monthly | 2024-12-31 |
2024-11-12 | $0.13 | monthly | 2024-11-29 |
2024-10-15 | $0.13 | monthly | 2024-10-31 |
2024-09-10 | $0.13 | monthly | 2024-09-30 |
2024-08-13 | $0.13 | monthly | 2024-08-30 |
2024-07-16 | $0.13 | monthly | 2024-07-31 |
2024-06-11 | $0.13 | monthly | 2024-06-28 |
2024-05-14 | $0.13 | monthly | |
2024-04-09 | $0.13 | monthly | 2024-04-30 |
2024-03-12 | $0.13 | monthly | 2024-03-28 |
2024-02-13 | $0.13 | monthly | 2024-02-29 |
2024-01-16 | $0.13 | monthly | 2024-01-31 |
2023-12-12 | $0.13 | monthly | 2023-12-29 |
2023-11-14 | $0.13 | monthly | 2023-11-30 |
2023-10-10 | $0.13 | monthly | 2023-10-31 |
2023-09-12 | $0.13 | monthly | 2023-09-29 |
2023-08-15 | $0.13 | monthly | 2023-08-31 |
2023-07-11 | $0.13 | monthly | 2023-07-31 |
2023-06-13 | $0.14 | monthly | 2023-06-30 |
2023-05-09 | $0.14 | monthly | 2023-05-31 |
2023-04-11 | $0.14 | monthly | 2023-04-28 |
2023-03-14 | $0.14 | monthly | 2023-03-31 |
2023-02-14 | $0.14 | monthly | 2023-02-28 |
2023-01-17 | $0.14 | monthly | 2023-01-31 |
2022-12-13 | $0.14 | monthly | 2022-12-30 |
2022-11-15 | $0.14 | monthly | 2022-11-30 |
2022-10-11 | $0.14 | monthly | 2022-10-31 |
2022-09-13 | $0.14 | monthly | 2022-09-30 |
2022-08-16 | $0.14 | monthly | 2022-08-31 |
2022-07-12 | $0.14 | monthly | 2022-07-29 |
2022-06-14 | $0.14 | monthly | 2022-06-30 |
2022-05-10 | $0.14 | monthly | 2022-05-31 |
2022-04-12 | $0.14 | monthly | 2022-04-29 |
2022-03-15 | $0.14 | monthly | 2022-03-31 |
2022-02-15 | $0.14 | monthly | 2022-02-28 |
2022-01-11 | $0.14 | monthly | 2022-01-31 |
2021-12-27 | $0.55 | monthly | 2022-01-06 |
2021-12-14 | $0.16 | monthly | 2021-12-31 |
2021-11-16 | $0.16 | monthly | 2021-11-30 |
2021-10-12 | $0.16 | monthly | 2021-10-29 |
2021-09-14 | $0.16 | monthly | 2021-09-30 |
2021-08-17 | $0.16 | monthly | 2021-08-31 |
2021-07-13 | $0.16 | monthly | 2021-07-30 |
2021-06-15 | $0.16 | monthly | 2021-06-30 |
2021-05-11 | $0.16 | monthly | 2021-05-28 |
2021-04-13 | $0.16 | monthly | 2021-04-30 |
2021-03-16 | $0.16 | monthly | 2021-03-31 |
2021-02-09 | $0.16 | monthly | 2021-02-26 |
2021-01-12 | $0.16 | monthly | 2021-01-29 |
2020-12-15 | $0.16 | monthly | 2020-12-31 |
2020-11-17 | $0.16 | monthly | 2020-11-30 |
2020-10-13 | $0.16 | monthly | 2020-10-30 |
2020-09-15 | $0.16 | monthly | 2020-09-30 |
2020-08-18 | $0.16 | monthly | 2020-08-31 |
2020-07-14 | $0.16 | monthly | 2020-07-31 |
2020-06-16 | $0.17 | monthly | 2020-06-30 |
2020-05-12 | $0.17 | monthly | 2020-05-29 |
2020-04-14 | $0.17 | monthly | 2020-04-30 |
2020-03-17 | $0.17 | monthly | 2020-03-31 |
2020-02-11 | $0.17 | monthly | 2020-02-28 |
2020-01-14 | $0.17 | monthly | 2020-01-31 |
2019-12-17 | $0.17 | monthly | 2019-12-31 |
2019-11-12 | $0.17 | monthly | 2019-11-29 |
2019-10-15 | $0.17 | monthly | 2019-10-31 |
2019-09-17 | $0.17 | monthly | 2019-09-30 |
2019-08-20 | $0.17 | monthly | 2019-08-30 |
2019-07-16 | $0.17 | monthly | 2019-07-31 |
2019-06-18 | $0.17 | monthly | 2019-06-28 |
2019-05-14 | $0.17 | monthly | 2019-05-31 |
2019-04-16 | $0.17 | monthly | 2019-04-30 |
2019-03-19 | $0.17 | monthly | 2019-03-29 |
2019-02-12 | $0.17 | monthly | 2019-02-28 |
2019-01-15 | $0.17 | monthly | 2019-01-31 |
2018-12-18 | $0.17 | monthly | 2018-12-31 |
2018-11-13 | $0.17 | monthly | 2018-11-30 |
2018-10-16 | $0.17 | monthly | 2018-10-31 |
2018-09-18 | $0.17 | monthly | 2018-09-28 |
2018-08-21 | $0.17 | monthly | 2018-08-31 |
2018-07-17 | $0.17 | monthly | 2018-07-31 |
2018-06-19 | $0.17 | monthly | 2018-06-29 |
2018-05-15 | $0.17 | monthly | 2018-05-31 |
2018-04-17 | $0.17 | monthly | 2018-04-30 |
2018-03-20 | $0.17 | monthly | 2018-03-29 |
2018-02-13 | $0.17 | monthly | 2018-02-28 |
2018-01-16 | $0.17 | monthly | 2018-01-31 |
2017-12-28 | $0.11 | monthly | 2018-01-10 |
2017-12-19 | $0.17 | monthly | 2017-12-29 |
2017-11-14 | $0.17 | monthly | 2017-11-30 |
2017-10-17 | $0.17 | monthly | 2017-10-31 |
2017-09-19 | $0.17 | monthly | 2017-09-29 |
2017-08-15 | $0.17 | monthly | 2017-08-31 |
2017-07-18 | $0.17 | monthly | 2017-07-31 |
2017-06-20 | $0.17 | monthly | 2017-06-30 |
2017-05-16 | $0.17 | monthly | 2017-05-31 |
2017-04-18 | $0.17 | monthly | 2017-04-28 |
2017-03-21 | $0.17 | monthly | 2017-03-31 |
2017-02-14 | $0.17 | monthly | 2017-02-28 |
2017-01-17 | $0.17 | monthly | 2017-01-31 |
2016-12-28 | $0.38 | monthly | 2017-01-17 |
2016-12-09 | $0.17 | monthly | |
2016-11-16 | $0.17 | monthly | 2016-11-30 |
2016-10-18 | $0.17 | monthly | 2016-10-31 |
2016-09-20 | $0.17 | monthly | 2016-09-30 |
2016-08-18 | $0.17 | monthly | 2016-08-31 |
2016-07-14 | $0.17 | monthly | 2016-07-29 |
2016-06-20 | $0.17 | monthly | 2016-06-30 |
2016-05-12 | $0.17 | monthly | 2016-05-31 |
2016-04-14 | $0.17 | monthly | 2016-04-29 |
2016-03-18 | $0.17 | monthly | 2016-03-31 |
2016-02-17 | $0.17 | monthly | 2016-02-29 |
2016-01-19 | $0.17 | monthly | 2016-01-29 |
2015-12-28 | $0.13 | monthly | |
2015-12-17 | $0.17 | monthly | |
2015-11-17 | $0.17 | monthly | 2015-11-30 |
2015-10-16 | $0.17 | monthly | 2015-10-30 |
2015-09-18 | $0.17 | monthly | 2015-09-30 |
2015-08-18 | $0.17 | monthly | 2015-08-31 |
2015-07-15 | $0.17 | monthly | 2015-07-31 |
2015-06-18 | $0.17 | monthly | 2015-06-30 |
2015-05-13 | $0.17 | monthly | 2015-05-29 |
2015-04-15 | $0.17 | monthly | 2015-04-30 |
2015-03-18 | $0.17 | monthly | 2015-03-31 |
2015-02-18 | $0.17 | monthly | 2015-02-27 |
2015-01-14 | $0.17 | monthly | 2015-01-30 |
2014-12-26 | $0.50 | monthly | |
2014-12-19 | $0.17 | monthly | |
2014-11-17 | $0.17 | monthly | 2014-11-28 |
2014-10-16 | $0.17 | monthly | 2014-10-31 |
2014-09-17 | $0.17 | monthly | 2014-09-30 |
2014-08-18 | $0.17 | monthly | 2014-08-29 |
2014-07-16 | $0.17 | monthly | 2014-07-31 |
2014-06-18 | $0.17 | monthly | 2014-06-30 |
2014-05-14 | $0.17 | monthly | 2014-05-30 |
2014-04-15 | $0.17 | monthly | 2014-04-30 |
2014-03-19 | $0.17 | monthly | 2014-03-31 |
2014-02-18 | $0.17 | monthly | 2014-02-28 |
2014-01-15 | $0.17 | monthly | 2014-01-31 |
2013-12-26 | $0.22 | monthly | |
2013-12-18 | $0.17 | monthly | |
2013-11-15 | $0.17 | monthly | 2013-11-29 |
2013-10-17 | $0.17 | monthly | 2013-10-31 |
2013-09-18 | $0.17 | monthly | 2013-09-30 |
2013-08-16 | $0.17 | monthly | 2013-08-30 |
2013-07-17 | $0.17 | monthly | 2013-07-31 |
2013-06-18 | $0.17 | monthly | 2013-06-28 |
2013-05-15 | $0.17 | monthly | 2013-05-31 |
2013-04-17 | $0.17 | monthly | 2013-04-30 |
2013-03-15 | $0.17 | monthly | 2013-03-28 |
2013-02-13 | $0.17 | monthly | 2013-02-28 |
2013-01-16 | $0.17 | monthly | 2013-01-31 |
Cohen & Steers Select Preferred and Income Fund Dividend per year
Cohen & Steers Select Preferred and Income Fund Dividend growth
Cohen & Steers Select Preferred and Income Fund Dividend Yield
Cohen & Steers Select Preferred and Income Fund current trailing twelve-month (TTM) dividend yield is 9.86%. Interested in purchasing Cohen & Steers Select Preferred and Income Fund stock? Use our calculator to estimate your expected dividend yield:
Cohen & Steers Select Preferred and Income Fund Financial Ratios
Cohen & Steers Select Preferred and Income Fund Dividend FAQ
Other factors to consider when evaluating Cohen & Steers Select Preferred and Income Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Cohen & Steers Select Preferred and Income Fund stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Cohen & Steers Select Preferred and Income Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cohen & Steers Select Preferred and Income Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cohen & Steers Select Preferred and Income Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cohen & Steers Select Preferred and Income Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cohen & Steers Select Preferred and Income Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cohen & Steers Select Preferred and Income Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cohen & Steers Select Preferred and Income Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cohen & Steers Select Preferred and Income Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cohen & Steers Select Preferred and Income Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.