Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) to Distribute Monthly Dividend of $0.14 on August 31st

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) declared a monthly dividend on Monday, June 22nd. Shareholders of record on Tuesday, August 11th will be paid a dividend of 0.136 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Tuesday, August 11th.

Cohen & Steers REIT and Preferred Income Fund Trading Up 1.4%

RNP stock opened at $20.35 on Wednesday. The firm has a 50 day moving average price of $20.73 and a 200-day moving average price of $20.52. Cohen & Steers REIT and Preferred Income Fund has a 52-week low of $19.27 and a 52-week 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.