Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Free Report) announced a monthly dividend on Friday, December 20th, Wall Street Journal reports. Investors of record on Tuesday, March 11th will be given a dividend of 0.136 per share by the investment management company on Monday, March 31st. This represents a $1.63 annualized dividend and a yield of 7.52%. The ex-dividend date is Tuesday, March 11th.
Cohen & Steers REIT and Preferred Income Fund has increased its dividend payment by an average of 37.2% per year over the last three years.
Cohen & Steers REIT and Preferred Income Fund Trading Up 0.7 %
NYSE:RNP opened at $21.71 on Friday. The company has a fifty day moving average of $21.46 and a 200-day moving average of $22.41. Cohen & Steers REIT and Preferred Income Fund has a twelve month low of $18.77 and a twelve month high of $24.41.
About Cohen & Steers REIT and Preferred Income Fund
Cohen & Steers REIT and Preferred Income Fund, Inc is a closed-ended balanced mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts.
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