Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) To Go Ex-Dividend on February 10th

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a monthly dividend on Tuesday, December 16th. Shareholders of record on Tuesday, February 10th will be given a dividend of 0.136 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Tuesday, February 10th.

Cohen & Steers REIT and Preferred Income Fund Trading Up 1.4%

Shares of RNP stock opened at $20.89 on Friday. Cohen & Steers REIT and Preferred Income Fund has a fifty-two week low of $19.00 and a fifty-two week high of $22.99. The business’s 50 day moving average price is $20.04 and its 200-day moving average price is $21.17.

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.