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Cohen & Steers Select Preferred andome Fund (Cohen & Steers Select Preferred andome Fund) 5-Year Yield-on-Cost %

: 6.05 (As of Today)
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Cohen & Steers Select Preferred andome Fund's yield on cost for the quarter that ended in Dec. 2023 was 6.05.


The historical rank and industry rank for Cohen & Steers Select Preferred andome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

PSF' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.56   Med: 5.78   Max: 8.75
Current: 6.05


During the past 7 years, Cohen & Steers Select Preferred andome Fund's highest Yield on Cost was 8.75. The lowest was 4.56. And the median was 5.78.


PSF's 5-Year Yield-on-Cost % is ranked worse than
51.07% of 1218 companies
in the Asset Management industry
Industry Median: 6.01 vs PSF: 6.05

Competitive Comparison

For the Asset Management subindustry, Cohen & Steers Select Preferred andome Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cohen & Steers Select Preferred andome Fund 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Cohen & Steers Select Preferred andome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Cohen & Steers Select Preferred andome Fund's 5-Year Yield-on-Cost % falls into.



Cohen & Steers Select Preferred andome Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Cohen & Steers Select Preferred andome Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Cohen & Steers Select Preferred andome Fund  (NYSE:PSF) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Cohen & Steers Select Preferred andome Fund 5-Year Yield-on-Cost % Related Terms

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Cohen & Steers Select Preferred andome Fund (Cohen & Steers Select Preferred andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, 10th Floor, New York, NY, USA, 10017
Cohen & Steers Select Preferred and Income Fund Inc is a diversified, closed-end investment company. The Fund's primary investment objective is high current income with capital appreciation as its secondary objective. The Fund invests at least 80% of its Managed Assets in preferred and other income securities issued by U.S. and non-U.S. companies.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
James Giallanza officer: See Remarks 280 PARK AVENUE, C/O COHEN & STEERS, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Elaine Zaharis-nikas officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Neil Bloom officer: Assistant Treasurer 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Bonnie Cohen director 1824 PHELPS PLACE, UNIT 1810, WASHINGTON DC 20008
Albert Laskaj officer: Assistant Treasurer COHEN & STEERS, 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

Cohen & Steers Select Preferred andome Fund (Cohen & Steers Select Preferred andome Fund) Headlines