Shares of Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP) reached a new 52-week high on Wednesday . The stock traded as high as $20.88 and last traded at $20.86, with a volume of 185 shares traded. The stock had previously closed at $20.65.

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, June 19th will be paid a $0.124 dividend. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $1.49 annualized dividend and a dividend yield of 7.15%.

Several institutional investors have recently bought and sold shares of RNP. Doyle Wealth Management purchased a new stake in shares of Cohen & Steers REIT/Pfd Inc Fd in the 4th quarter worth approximately $25,000. Advisory Services Network LLC grew its stake in shares of Cohen & Steers REIT/Pfd Inc Fd by 27.2% in the 4th quarter. Advisory Services Network LLC now owns 3,316 shares of the investment management company’s stock worth $59,000 after buying an additional 710 shares during the last quarter. Bessemer Group Inc. purchased a new stake in shares of Cohen & Steers REIT/Pfd Inc Fd in the 4th quarter worth approximately $61,000. We Are One Seven LLC purchased a new stake in shares of Cohen & Steers REIT/Pfd Inc Fd in the 4th quarter worth approximately $101,000. Finally, D.A. Davidson & CO. grew its stake in shares of Cohen & Steers REIT/Pfd Inc Fd by 7.1% in the 4th quarter. D.A. Davidson & CO. now owns 11,165 shares of the investment management company’s stock worth $199,000 after buying an additional 740 shares during the last quarter.

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Cohen & Steers REIT/Pfd Inc Fd Company Profile (NYSE:RNP)

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.

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