Cohen & Steers Reit & Pfd Icm Fd Inc (NYSE:RNP) announced a monthly dividend on Wednesday, March 20th, Wall Street Journal reports. Investors of record on Wednesday, June 19th will be given a dividend of 0.124 per share by the investment management company on Friday, June 28th. This represents a $1.49 annualized dividend and a yield of 6.91%. The ex-dividend date is Tuesday, June 18th.
Cohen & Steers Reit & Pfd Icm Fd has raised its dividend payment by an average of 0.2% per year over the last three years.
NYSE:RNP opened at $21.52 on Thursday. Cohen & Steers Reit & Pfd Icm Fd has a one year low of $16.42 and a one year high of $21.68.
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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.
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