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

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) declared a monthly dividend on Friday, December 20th, Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be given a dividend of 0.136 per share by the investment management company on Monday, March 31st. This represents a $1.63 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date is Tuesday, March 11th.

Cohen & Steers REIT and Preferred Income Fund has raised its dividend payment by an average of 37.2% per year over the last three years.

Cohen & Steers REIT and Preferred Income Fund Stock Up 0.7 %

Cohen & Steers REIT and Preferred Income Fund stock opened at $21.71 on Friday. Cohen & Steers REIT and Preferred Income Fund has a one year low of $18.77 and a one year high of $24.41. The business’s fifty day moving average is $21.46 and its 200 day moving average is $22.41.

About Cohen & Steers REIT and Preferred Income Fund

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.