Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) To Go Ex-Dividend on March 10th

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) declared a monthly dividend on Tuesday, December 16th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.136 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Tuesday, March 10th.

Cohen & Steers REIT and Preferred Income Fund Price Performance

RNP opened at $19.75 on Thursday. The stock has a fifty day moving average price of $20.79 and a 200 day moving average price of $21.76. Cohen & Steers REIT and Preferred Income Fund has a 1 year low of $19.00 and a 1 year high of $22.99.

Institutional Investors Weigh In On Cohen & Steers REIT and Preferred Income Fund

Large investors have recently made changes to their positions in the company. Global Retirement Partners LLC acquired a new position in Cohen & Steers REIT and Preferred Income Fund in the third quarter worth approximately $38,000. Allworth Financial LP grew its position in Cohen & Steers REIT and Preferred Income Fund by 330.7% in the second quarter. Allworth Financial LP now owns 2,214 shares of the investment management company’s stock worth $50,000 after acquiring an additional 1,700 shares in the last quarter. Eastern Bank bought a new stake in Cohen & Steers REIT and Preferred Income Fund in the third quarter worth approximately $54,000. CX Institutional acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter worth $68,000. Finally, US Bancorp DE raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 182.1% during the 3rd quarter. US Bancorp DE now owns 3,557 shares of the investment management company’s stock valued at $80,000 after purchasing an additional 2,296 shares in the last quarter.

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.