Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Free Report) announced a monthly dividend on Monday, September 30th, Zacks reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.136 per share by the investment management company on Thursday, October 31st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.00%. The ex-dividend date is Tuesday, October 15th.
Cohen & Steers REIT and Preferred Income Fund has raised its dividend by an average of 13.5% per year over the last three years.
Cohen & Steers REIT and Preferred Income Fund Price Performance
NYSE RNP opened at $23.30 on Monday. The business has a 50 day simple moving average of $23.01 and a 200 day simple moving average of $21.33. Cohen & Steers REIT and Preferred Income Fund has a 52-week low of $15.52 and a 52-week 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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