Cohen & Steers REIT and Preferred Income Fund, Inc. to Issue Monthly Dividend of $0.14 (NYSE:RNP)

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Tuesday, December 16th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.136 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, March 10th.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of NYSE:RNP traded up $0.10 during midday trading on Wednesday, reaching $19.66. The company had a trading volume of 110,980 shares, compared to its average volume of 108,111. The company’s 50 day moving average price is $20.83 and its 200 day moving average price is $21.77. Cohen & Steers REIT and Preferred Income Fund has a 52-week low of $19.00 and a 52-week high of $22.99.

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.