Cohen & Steers Reit and Preferred Income Fund Inc (NYSE:RNP) declared a monthly dividend on Wednesday, March 28th, Zacks reports. Shareholders of record on Wednesday, April 18th will be given a dividend of 0.124 per share by the investment management company on Monday, April 30th. This represents a $1.49 annualized dividend and a dividend yield of 8.07%. The ex-dividend date of this dividend is Tuesday, April 17th.
Cohen & Steers Reit and Preferred Income Fund has raised its dividend by an average of 4.9% annually over the last three years.
Shares of NYSE:RNP remained flat at $$18.45 on Thursday. 8,851 shares of the company’s stock traded hands, compared to its average volume of 169,745. Cohen & Steers Reit and Preferred Income Fund has a 12-month low of $17.91 and a 12-month high of $21.98.
Cohen & Steers Reit and Preferred Income Fund Company Profile
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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