Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) To Go Ex-Dividend on June 9th

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) declared a monthly dividend on Tuesday, March 24th. Shareholders of record on Tuesday, June 9th will be paid a dividend of 0.136 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, June 9th.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

Shares of RNP opened at $20.97 on Friday. Cohen & Steers REIT and Preferred Income Fund has a 1 year low of $19.27 and a 1 year high of $22.99. The stock’s 50-day moving average price is $20.67 and its two-hundred day moving average price is $20.53.

About Cohen & Steers REIT and Preferred Income Fund

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.