SmarterDividends
PSF

Cohen & Steers Select Preferred and Income Fund (PSF) Dividend

Cohen & Steers Select Preferred and Income Fund, Inc. · Financial Services · Asset Management · monthly payer

$19.19

Fairly valued · -10% Add to Portfolio

As of Nov 10, 2026, Cohen & Steers Select Preferred and Income Fund (PSF) pays a monthly dividend of $0.1260 per share, or $1.51 a year, a 7.88% yield at its $19.19 share price. The next ex-dividend date is Nov 10, 2026, paid Nov 24, 2026. It has a dividend safety grade of C.

Forward Yield

7.88%

Annual Dividend

$1.51

Payout Ratio

82%

5-Yr Growth

-5.2%

Ex-Date

Nov 10, 2026

Frequency

Monthly

Key facts about PSF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 10, 2026, Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) has a forward dividend yield of 7.88%, based on an annual dividend of $1.51 per share and a share price of $19.19.
  • As of Nov 10, 2026, PSF's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
  • PSF last cut its regular dividend in 2024.
  • PSF's next ex-dividend date is Nov 10, 2026, with payment on Nov 24, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 10, 2026, PSF pays out 82% of its trailing 12-month earnings as dividends (its payout ratio).
  • PSF's dividend has shrunk at an average rate of 5.2% a year over the past five years.
  • As of Nov 10, 2026, SmarterDividends' blended fair-value estimate for PSF is $17.30 per share, 10% below the $19.19 share price, so PSF screens as fairly valued.
  • Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) pays its dividend monthly, 12 times a year.
  • Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) has raised its regular dividend 0 times and cut it 3 times across the 197 payments on record since 2010. Its most recent change was a 6.7% cut to $0.126 per share, going ex-dividend on Jul 11, 2023.
Cite this page

SmarterDividends, "PSF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 10, 2026, https://smarterdividends.com/stocks/PSF

Is PSF a good dividend stock?

Mixed

Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) pays a monthly dividend yielding 7.88% ($1.51/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2024
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    7.88%
    Payout Ratio
    82%
    Annual Dividend
    $1.51
    5-Yr Avg Growth
    -5.2%
    Ex-Dividend Date
    Nov 10, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    —
    Market Cap
    $230.8M
    P/E Ratio
    10.4
    5-Yr Total Return
    -32%
    52-Week Range
    $17.80 – $20.90
    Dividend Safety
    C · 52/100
    Ever Cut?
    Yes (2024)

    PSF dividend raises and cuts

    Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) has raised its regular dividend 0 times and cut it 3 times across the 197 payments on record since 2010. Its most recent change was a 6.7% cut to $0.126 per share, going ex-dividend on Jul 11, 2023.

    Ex-dateChangeOld → newMove
    Jul 11, 2023Cut$0.135 → $0.126−6.7%
    Jan 11, 2022Cut$0.157 → $0.135−14.0%
    Jul 14, 2020Cut$0.172 → $0.157−8.7%
    PSF ex-dividend date & scheduleNext ex-date Nov 10, 2026 · full ex-dividend historyView →PSF dividend historyEvery payment, totals by year, raises and cutsView →PSF dividend calculator100 shares pay $151.00 a year, $12.58 each monthCalculate →PSF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is PSF a good dividend stock?

    Mixed. Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) pays a monthly dividend yielding 7.88% ($1.51/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is PSF undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, PSF's fair value is about $17.30 versus a $19.19 share price — so it looks fairly valued (-10% vs. fair value).

    Is PSF's dividend safe?

    PSF has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is PSF's fair value?

    Our blended fair-value estimate for PSF is about $17.30 per share, about 10% below the current $19.19 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is PSF a buy, hold, or sell?

    We don't issue formal ratings, but on the data PSF screens as "mixed" and fairly valued. Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) pays a monthly dividend yielding 7.88% ($1.51/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will PSF cut its dividend?

    PSF earns a dividend-safety grade of C (52/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does PSF pay a dividend?

    Yes. Cohen & Steers Select Preferred and Income Fund, Inc. pays a monthly dividend of about $1.51 per share annually, a forward yield of roughly 7.88%.

    How much dividend does 100 shares of PSF pay?

    At $1.51 per share a year, 100 shares of PSF pay $151.00 a year in dividends before tax, about $12.58 each month. Buying them costs about $1,919 at the Nov 10, 2026 price.

    What is PSF's dividend yield?

    As of Nov 10, 2026, PSF's forward dividend yield is 7.88%, based on a $1.51 annual dividend and a $19.19 share price.

    What is PSF's dividend per share?

    As of Nov 10, 2026, PSF pays $1.51 per share per year, distributed on a monthly basis.

    What is PSF's dividend payout ratio?

    As of Nov 10, 2026, PSF's payout ratio is 82% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has PSF grown its dividend?

    PSF does not currently have a long dividend-growth streak on record.

    When is the next PSF ex-dividend date?

    As of Nov 10, 2026, the next ex-dividend date on record for PSF is Nov 10, 2026.