Cohen & Steers Select Preferred and Income Fund, Inc.
PSFFinancial Services · Stock · monthly payer
Forward Yield
8.20%
Annual Dividend
$1.51
Payout Ratio
82%
5-Yr Growth
-5.2%
Ex-Date
Sep 8, 2026
Frequency
Monthly
Summary
As of September 2026, Cohen & Steers Select Preferred and Income Fund, Inc. (PSF) yields 8.20% ($1.51 per share annually), with a blended fair-value estimate of $15.48 — -17% downside, so it screens as overvalued. Dividend safety grade: C (52/100).
Is PSF a good dividend stock?
MixedCohen & Steers Select Preferred and Income Fund, Inc. (PSF) pays a monthly dividend yielding 8.20% ($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
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.20%
- Payout Ratio
- 82%
- Annual Dividend
- $1.51
- 5-Yr Avg Growth
- -5.2%
- Ex-Dividend Date
- Sep 8, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $220.8M
- P/E Ratio
- 10.0
- 5-Yr Total Return
- -36%
- 52-Week Range
- $18.48 – $21.20
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
PSF Price — Last 12 Months
Daily close
Price Return
1 Year
-11%
3 Years
+10%
5 Years
-36%
52-Week Range
$18.48 – $21.20
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PSF worth?
Overvaluedhigh confidenceOur blended fair-value estimate for Cohen & Steers Select Preferred and Income Fund, Inc. is $15.48 per share, versus a market price of $18.72. That implies 17% of downside.
Fair Value
$15.48
Current Price
$18.72
Downside
-17%
Margin of Safety
-21%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 1.6% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $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 |
|---|---|---|---|
| Sep 8, 2026 | — | $0.1260 | regular |
| Aug 11, 2026 | — | $0.1260 | regular |
| Jul 14, 2026 | — | $0.1260 | regular |
| Jun 9, 2026 | — | $0.1260 | regular |
| May 12, 2026 | — | $0.1260 | regular |
| Apr 14, 2026 | — | $0.1260 | regular |
| Mar 10, 2026 | — | $0.1260 | regular |
| Feb 10, 2026 | — | $0.1260 | regular |
| Jan 13, 2026 | — | $0.1260 | regular |
| Dec 9, 2025 | — | $0.1260 | regular |
| Nov 12, 2025 | — | $0.1260 | regular |
| Oct 14, 2025 | — | $0.1260 | regular |
| Sep 9, 2025 | — | $0.1260 | regular |
| Aug 12, 2025 | — | $0.1260 | regular |
Income Calculator
At $1.51 / yr per share
Similar Dividend Stocks
Compare PSF
Explore more
Lists and tools related to PSF
- Monthly dividend stocks →
- Financial Services dividend stocks →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →