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

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Thursday, March 27th, NASDAQ Dividends reports. Investors of record on Tuesday, April 8th will be paid a dividend of 0.136 per share by the investment management company on Wednesday, April 30th. This represents a $1.63 annualized dividend and a yield of 7.45%. The ex-dividend date of this dividend is Tuesday, April 8th.

Cohen & Steers REIT and Preferred Income Fund has increased its dividend by an average of 37.2% annually over the last three years.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of RNP traded up $0.14 during trading on Friday, reaching $21.91. 86,323 shares of the company traded hands, compared to its average volume of 104,918. The stock has a 50-day simple moving average of $21.74 and a 200-day simple moving average of $22.27. Cohen & Steers REIT and Preferred Income Fund has a twelve month low of $18.77 and a twelve month high of $24.41.

About Cohen & Steers REIT and Preferred Income Fund

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.