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

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Monday, September 30th, Wall Street Journal reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.136 per share by the investment management company on Thursday, October 31st. This represents a $1.63 dividend on an annualized basis and a yield of 7.00%. The ex-dividend date of this dividend is Tuesday, October 15th.

Cohen & Steers REIT and Preferred Income Fund has raised its dividend payment by an average of 13.5% per year over the last three years.

Cohen & Steers REIT and Preferred Income Fund Trading Down 0.0 %

Cohen & Steers REIT and Preferred Income Fund stock traded down $0.01 during midday trading on Friday, reaching $23.30. 91,091 shares of the company were exchanged, compared to its average volume of 106,622. The firm’s 50-day simple moving average is $23.01 and its 200-day simple moving average is $21.33. Cohen & Steers REIT and Preferred Income Fund has a 1 year low of $15.52 and a 1 year high of $24.41.

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.