Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) To Go Ex-Dividend on January 13th

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Tuesday, December 16th. Shareholders of record on Tuesday, January 13th will be paid a dividend of 0.136 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, January 13th.

Cohen & Steers REIT and Preferred Income Fund Trading Up 0.3%

Shares of RNP stock opened at $20.21 on Friday. Cohen & Steers REIT and Preferred Income Fund has a 12 month low of $19.00 and a 12 month high of $22.99. The business’s 50 day moving average is $20.22 and its two-hundred day moving average is $21.51.

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.