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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) declared a monthly dividend on Friday, March 28th, Wall Street Journal reports. Investors 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 of this dividend is Tuesday, June 10th.

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

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

PTA stock traded up $0.03 during trading hours on Friday, reaching $19.43. The stock had a trading volume of 47,177 shares, compared to its average volume of 123,571. The stock has a 50-day simple moving average of $19.74 and a 200 day simple moving average of $20.03. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a fifty-two week low of $18.19 and a fifty-two week high of $21.28.

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.