Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Free Report) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, November 10th will be paid a dividend of 0.136 per share by the investment management company on Monday, November 30th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Tuesday, November 10th.
Cohen & Steers REIT and Preferred Income Fund Stock Performance
RNP stock traded down $0.12 during midday trading on Wednesday, reaching $19.31. The company’s stock had a trading volume of 17,243 shares, compared to its average volume of 120,305. The stock has a fifty day simple moving average of $20.25 and a two-hundred day simple moving average of $20.48. Cohen & Steers REIT and Preferred Income Fund has a 1 year low of $19.26 and a 1 year high of $22.58.
Cohen & Steers REIT and Preferred Income Fund Company Profile
Cohen & Steers REIT and Preferred Income Fund, Inc (NYSE: RNP) is a closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.
RNP invests primarily in real estate investment trusts (REITs) and preferred securities. Its portfolio may include common and preferred securities issued by companies involved in commercial, residential, health care, industrial, retail, and other areas of the real estate industry, along with preferred stocks and other income-producing securities.
The fund was established in 2003 and is designed to provide investors with diversified exposure to real estate and preferred-income markets through a professionally managed portfolio.
See Also
- Five stocks we like better than Cohen & Steers REIT and Preferred Income Fund
- These 4 Companies Are Monetizing AI Today
- Quantum and Rare Earths? Implications of the Pasqal/USAR Partnership
- Lockheed’s Stock Hasn’t Priced In Its Own Backlog—Boeing’s Might Already Have
- Eli Lilly Keeps Pulling Ahead—Can Novo Nordisk Catch Up?
Receive News & Ratings for Cohen & Steers REIT and Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers REIT and Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
