Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Free Report) announced a monthly dividend on Friday, March 28th, Wall Street Journal reports. Shareholders of record on Tuesday, June 10th will be given a dividend of 0.136 per share by the investment management company on Monday, June 30th. This represents a $1.63 annualized dividend and a dividend yield of 7.45%. The ex-dividend date is Tuesday, June 10th.
Cohen & Steers REIT and Preferred Income Fund has increased its dividend by an average of 37.2% annually over the last three years.
Cohen & Steers REIT and Preferred Income Fund Stock Up 0.6 %
RNP opened at $21.91 on Friday. Cohen & Steers REIT and Preferred Income Fund has a 12-month low of $18.77 and a 12-month high of $24.41. The business has a 50 day moving average of $21.76 and a 200-day moving average of $22.25.
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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