Cohen & Steers Reit & Pfd Icm Fd Inc (NYSE:RNP) Plans $0.12 Monthly Dividend

Cohen & Steers Reit & Pfd Icm Fd Inc (NYSE:RNP) declared a monthly dividend on Tuesday, June 30th, Wall Street Journal reports. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.124 per share by the investment management company on Wednesday, September 30th. This represents a $1.49 annualized dividend and a dividend yield of 7.88%. The ex-dividend date of this dividend is Tuesday, September 15th.

Shares of RNP stock traded up $0.23 on Tuesday, hitting $18.88. The company had a trading volume of 99,800 shares, compared to its average volume of 241,037. The company has a 50-day moving average price of $18.51 and a 200-day moving average price of $20.47. Cohen & Steers Reit & Pfd Icm Fd has a twelve month low of $10.15 and a twelve month high of $25.35.

Cohen & Steers Reit & Pfd Icm Fd 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.

Further Reading: What is a front-end load?

Dividend History for Cohen & Steers Reit & Pfd Icm Fd (NYSE:RNP)

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