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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Thursday, June 27th, Wall Street Journal reports. Investors of record on Tuesday, September 10th will be paid a dividend of 0.134 per share on Monday, September 30th. This represents a $1.61 annualized dividend and a yield of 8.20%. The ex-dividend date is Tuesday, September 10th.

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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Trading Up 1.1 %

Shares of NYSE:PTA opened at $19.61 on Friday. The company’s 50-day moving average price is $19.23 and its 200 day moving average price is $18.92. 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.

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.