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Cohen & Steers Select Preferred andome Fund (Cohen & Steers Select Preferred andome Fund) Dividend Payout Ratio : 0.40 (As of Dec. 2023)


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What is Cohen & Steers Select Preferred andome Fund Dividend Payout Ratio?

Cohen & Steers Select Preferred andome Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.40.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cohen & Steers Select Preferred and Income Fund Inc is 1.10, which seems too high.

The historical rank and industry rank for Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio or its related term are showing as below:

PSF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.09   Max: 1.36
Current: 1.1


During the past 7 years, the highest Dividend Payout Ratio of Cohen & Steers Select Preferred andome Fund was 1.36. The lowest was 0.37. And the median was 1.09.

PSF's Dividend Payout Ratio is ranked worse than
68.32% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs PSF: 1.10

As of today (2024-05-16), the Dividend Yield % of Cohen & Steers Select Preferred andome Fund is 7.93%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Cohen & Steers Select Preferred andome Fund was 11.92%. The lowest was 6.22%. And the median was 7.89%.

Cohen & Steers Select Preferred andome Fund's Dividends per Share for the months ended in Dec. 2023 was $0.76.

During the past 12 months, Cohen & Steers Select Preferred andome Fund's average Dividends Per Share Growth Rate was -3.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.00% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Cohen & Steers Select Preferred andome Fund was -1.50% per year. The lowest was -7.80% per year. And the median was -5.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Cohen & Steers Select Preferred andome Fund Dividend Payout Ratio Historical Data

The historical data trend for Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cohen & Steers Select Preferred andome Fund Dividend Payout Ratio Chart

Cohen & Steers Select Preferred andome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.37 1.36 1.17 - 1.09

Cohen & Steers Select Preferred andome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.94 - 2.89 - 0.40

Competitive Comparison of Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio

For the Asset Management subindustry, Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio falls into.



Cohen & Steers Select Preferred andome Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.566/ 1.44
=1.09

Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.756/ 1.89
=0.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cohen & Steers Select Preferred andome Fund (NYSE:PSF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Cohen & Steers Select Preferred andome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cohen & Steers Select Preferred andome Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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