Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP) declared a monthly dividend on Wednesday, December 19th, Wall Street Journal reports. Stockholders of record on Wednesday, February 13th will be given a dividend of 0.124 per share by the investment management company on Thursday, February 28th. This represents a $1.49 annualized dividend and a dividend yield of 7.58%. The ex-dividend date of this dividend is Tuesday, February 12th.
Cohen & Steers REIT/Pfd Inc Fd has increased its dividend by an average of 0.2% annually over the last three years.
RNP stock opened at $19.62 on Monday. Cohen & Steers REIT/Pfd Inc Fd has a 1-year low of $16.42 and a 1-year high of $20.26.
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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.
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