Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) To Go Ex-Dividend on December 8th

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, December 8th will be given a dividend of 0.136 per share by the investment management company on Thursday, December 31st. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Tuesday, December 8th.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

Shares of NYSE RNP opened at $19.11 on Thursday. The firm has a 50 day moving average price of $20.22 and a two-hundred day moving average price of $20.46. Cohen & Steers REIT and Preferred Income Fund has a 52-week low of $19.06 and a 52-week high of $22.58.

Cohen & Steers REIT and Preferred Income Fund Company Profile

Cohen & Steers REIT and Preferred Income Fund, Inc (NYSE: RNP) is a closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.

RNP invests primarily in real estate investment trusts (REITs) and preferred securities. Its portfolio may include common and preferred securities issued by companies involved in commercial, residential, health care, industrial, retail, and other areas of the real estate industry, along with preferred stocks and other income-producing securities.

The fund was established in 2003 and is designed to provide investors with diversified exposure to real estate and preferred-income markets through a professionally managed portfolio.