
Cohen & Steers Select Preferred and Income Fund (PSF) Dividend
Cohen & Steers Select Preferred and Income Fund, Inc. · Financial Services · Asset Management · monthly payer
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?
MixedCohen & 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-date | Change | Old → new | Move |
|---|---|---|---|
| Jul 11, 2023 | Cut | $0.135 → $0.126 | −6.7% |
| Jan 11, 2022 | Cut | $0.157 → $0.135 | −14.0% |
| Jul 14, 2020 | Cut | $0.172 → $0.157 | −8.7% |
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.
PSF Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
-4%
5 Years
-32%
52-Week Range
$17.80 – $20.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PSF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Cohen & Steers Select Preferred and Income Fund, Inc. is $17.30 per share, versus a market price of $19.19. That implies the stock is roughly fairly priced.
Fair Value
$17.30
Current Price
$19.19
Gap
-10%
Margin of Safety
-11%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.84 EPS, $1.51 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PSF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full PSF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 13, 2026 | Oct 30, 2026 | $0.1260 | regular |
| Sep 8, 2026 | Sep 30, 2026 | $0.1260 | regular |
| Aug 11, 2026 | Aug 31, 2026 | $0.1260 | regular |
| Jul 14, 2026 | Jul 31, 2026 | $0.1260 | regular |
| Jun 9, 2026 | Jun 30, 2026 | $0.1260 | regular |
| May 12, 2026 | May 29, 2026 | $0.1260 | regular |
| Apr 14, 2026 | Apr 30, 2026 | $0.1260 | regular |
| Mar 10, 2026 | Mar 31, 2026 | $0.1260 | regular |
| Feb 10, 2026 | Feb 27, 2026 | $0.1260 | regular |
| Jan 13, 2026 | Jan 30, 2026 | $0.1260 | regular |
| Dec 9, 2025 | Dec 31, 2025 | $0.1260 | regular |
| Nov 12, 2025 | Nov 28, 2025 | $0.1260 | regular |
| Oct 14, 2025 | Oct 31, 2025 | $0.1260 | regular |
| Sep 9, 2025 | Sep 30, 2025 | $0.1260 | regular |
Income Calculator
At $1.51 / yr per share
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