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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Wednesday, December 18th,NASDAQ Dividends reports. Shareholders of record on Tuesday, January 14th will be paid a dividend of 0.134 per share on Friday, January 31st. This represents a $1.61 dividend on an annualized basis and a dividend yield of 8.39%. The ex-dividend date of this dividend is Tuesday, January 14th.

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

Shares of NYSE:PTA traded down $0.10 during midday trading on Thursday, hitting $19.17. 287,876 shares of the stock were exchanged, compared to its average volume of 125,187. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 52-week low of $17.88 and a 52-week high of $21.28. The business’s fifty day simple moving average is $20.27 and its two-hundred day simple moving average is $20.14.

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.