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

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) declared a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Investors of record on Tuesday, December 10th will be given a dividend of 0.136 per share by the investment management company on Tuesday, December 31st. This represents a $1.63 dividend on an annualized basis and a yield of 7.06%. The ex-dividend date of this dividend is Tuesday, December 10th.

Cohen & Steers REIT and Preferred Income Fund has raised its dividend by an average of 13.5% annually over the last three years.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

Shares of Cohen & Steers REIT and Preferred Income Fund stock opened at $23.10 on Friday. The company’s 50 day moving average price is $22.85 and its two-hundred day moving average price is $21.20. Cohen & Steers REIT and Preferred Income Fund has a fifty-two week low of $15.52 and a fifty-two week high of $24.41.

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.