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

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Monday, June 22nd. Investors of record on Tuesday, July 14th will be given a dividend of 0.136 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, July 14th.

Cohen & Steers REIT and Preferred Income Fund Stock Up 1.0%

Shares of NYSE RNP opened at $20.07 on Tuesday. The firm’s 50 day simple moving average is $20.74 and its 200-day simple moving average is $20.52. Cohen & Steers REIT and Preferred Income Fund has a 12 month low of $19.27 and a 12 month high of $22.99.

Cohen & Steers REIT and Preferred Income Fund Company Profile

Cohen & Steers® REIT and Preferred Income Fund, Inc (NYSE: RNP) is a closed-end management investment company that seeks to provide current income and, to a lesser extent, capital appreciation. The Fund pursues its objectives by investing primarily in equity real estate investment trusts (REITs) and preferred securities issued by U.S. and non-U.S. real estate companies. It employs a research-driven, bottom-up selection process to identify securities that offer attractive income yields while seeking to manage downside risk through diversification across sectors and geographies.

In its equity portfolio, the Fund typically holds shares of publicly traded REITs spanning property types such as industrial, office, retail, residential and specialty real estate.