Cohen & Steers Reit & Pfd Icm Fd Inc (NYSE:RNP) announced a nofrequency dividend on Monday, June 17th, Wall Street Journal reports. Investors of record on Wednesday, September 18th will be paid a dividend of 0.124 per share by the investment management company on Monday, September 30th. This represents a yield of 6.88%. The ex-dividend date is Tuesday, September 17th.
Cohen & Steers Reit & Pfd Icm Fd has raised its dividend by an average of 0.2% annually over the last three years.
Shares of NYSE RNP opened at $23.58 on Monday. The firm has a fifty day moving average of $22.86 and a 200 day moving average of $21.40. Cohen & Steers Reit & Pfd Icm Fd has a one year low of $16.42 and a one year high of $24.44.
About Cohen & Steers Reit & Pfd Icm Fd
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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