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

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, July 14th will be paid a dividend of 0.136 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Tuesday, July 14th.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of RNP stock opened at $20.07 on Tuesday. The stock has a 50 day moving average price of $20.74 and a 200 day moving average price of $20.52. Cohen & Steers REIT and Preferred Income Fund has a 52-week low of $19.27 and a 52-week high of $22.99.

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.