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

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Monday, June 22nd. Investors of record on Tuesday, August 11th will be given a dividend of 0.136 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Tuesday, August 11th.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of NYSE RNP opened at $20.07 on Tuesday. Cohen & Steers REIT and Preferred Income Fund has a 1 year low of $19.27 and a 1 year high of $22.99. The firm has a 50-day simple moving average of $20.74 and a two-hundred day simple moving average of $20.52.

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.