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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.134 per share on Friday, November 29th. This represents a $1.61 annualized dividend and a dividend yield of 7.60%. The ex-dividend date is Tuesday, November 12th.

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 0.4 %

PTA traded up $0.09 during trading on Wednesday, hitting $21.16. The company had a trading volume of 104,244 shares, compared to its average volume of 122,857. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a one year low of $16.48 and a one year high of $21.22. The firm’s 50-day moving average price is $20.28 and its 200 day moving average price is $19.65.

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.