Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Increases Dividend to $0.14 Per Share

Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) announced a dividend on Wednesday, December 18th,NASDAQ Dividends reports. Investors of record on Tuesday, January 14th will be paid a dividend of 0.136 per share by the investment management company on Friday, January 31st. The ex-dividend date of this dividend is Tuesday, January 14th. This is an increase from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12.

Cohen & Steers REIT and Preferred Income Fund has increased its dividend payment by an average of 13.5% per year over the last three years.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

NYSE RNP traded down $0.10 on Thursday, reaching $20.68. The stock had a trading volume of 179,441 shares, compared to its average volume of 104,414. Cohen & Steers REIT and Preferred Income Fund has a 1 year low of $18.77 and a 1 year high of $24.41. The business has a 50 day moving average price of $22.80 and a 200 day moving average price of $22.24.

Cohen & Steers REIT and Preferred Income Fund Company Profile

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.