Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) To Go Ex-Dividend on May 12th

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Tuesday, March 24th. Investors of record on Tuesday, May 12th will be paid a dividend of 0.136 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Tuesday, May 12th.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Cohen & Steers REIT and Preferred Income Fund stock opened at $19.76 on Thursday. The company’s 50 day simple moving average is $20.81 and its 200 day simple moving average is $20.91. Cohen & Steers REIT and Preferred Income Fund has a fifty-two week low of $19.00 and a fifty-two 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.