NYSE:RNP

Cohen & Steers REIT and Preferred Income Fund (RNP) Stock Price, News & Analysis

$19.56
-0.46 (-2.30%)
(As of 03:52 PM ET)
Today's Range
$19.51
$19.80
50-Day Range
$18.83
$21.13
52-Week Range
$15.52
$21.27
Volume
128,988 shs
Average Volume
116,432 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
8.33%
Price Target
N/A
RNP stock logo

About Cohen & Steers REIT and Preferred Income Fund Stock (NYSE:RNP)

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. For its fixed income portfolio, the fund typically invests in debt and preferred securities of companies operating across diversified sectors. It employs fundamental analysis to create its fixed income portfolio with a focus on the issuer's creditworthiness, corporate and capital structure, placement of the preferred or debt securities within that structure, momentum and other exogenous signals, and relative value versus other income security classes and for its equity portfolio also it employs fundamental analysis to create its portfolio with a focus on growth potential, earnings estimates, and the quality of management. The fund benchmarks the performance of its portfolio against the FTSE NAREIT Equity Index, S&P 500 Index, Merrill Lynch Fixed Rate Preferred Index, and FTSE NAREIT Equity REIT Index. It was formerly known as Cohen & Steers REIT & Preferred Balanced Income Fund. Cohen & Steers REIT and Preferred Income Fund, Inc. was formed on June 27, 2003 and is domiciled in the United States.

RNP Stock Price History

RNP Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
RNP: Leveraged To Fed Rate Cuts
Evaluating A Switch From RNP To RFI
AWP: Strong And Steady Yield, But Likely Unsustainable
See More Headlines
Receive RNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cohen & Steers REIT and Preferred Income Fund and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 4/30 Dividend
4/09/2024
Today
4/25/2024
Dividend Payable
4/30/2024
Ex-Dividend for 5/31 Dividend
5/14/2024
Dividend Payable
5/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$111.82 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

RNP Stock Analysis - Frequently Asked Questions

How have RNP shares performed in 2024?

Cohen & Steers REIT and Preferred Income Fund's stock was trading at $20.16 at the beginning of 2024. Since then, RNP shares have decreased by 2.7% and is now trading at $19.61.
View the best growth stocks for 2024 here
.

Are investors shorting Cohen & Steers REIT and Preferred Income Fund?

Cohen & Steers REIT and Preferred Income Fund saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 85,700 shares, a decline of 28.7% from the March 31st total of 120,200 shares. Based on an average daily trading volume, of 109,300 shares, the days-to-cover ratio is currently 0.8 days.
View Cohen & Steers REIT and Preferred Income Fund's Short Interest
.

How often does Cohen & Steers REIT and Preferred Income Fund pay dividends? What is the dividend yield for Cohen & Steers REIT and Preferred Income Fund?

Cohen & Steers REIT and Preferred Income Fund declared a monthly dividend on Tuesday, March 26th. Stockholders of record on Tuesday, June 11th will be given a dividend of $0.136 per share on Friday, June 28th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 8.32%. The ex-dividend date of this dividend is Tuesday, June 11th.
Read our dividend analysis for RNP
.

Is Cohen & Steers REIT and Preferred Income Fund a good dividend stock?

Cohen & Steers REIT and Preferred Income Fund (NYSE:RNP) pays an annual dividend of $1.63 per share and currently has a dividend yield of 0.08%.
Read our dividend analysis for RNP.

What ETF holds Cohen & Steers REIT and Preferred Income Fund's stock?

First Trust Income Opportunities ETF holds 39,125 shares of RNP stock, representing 2.44% of its portfolio.

What other stocks do shareholders of Cohen & Steers REIT and Preferred Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cohen & Steers REIT and Preferred Income Fund investors own include AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), AbbVie (ABBV), Altria Group (MO), International Business Machines (IBM), Cohen & Steers Infrastructure Fund (UTF), Energy Transfer (ET), Pfizer (PFE) and Main Street Capital (MAIN).

Who are Cohen & Steers REIT and Preferred Income Fund's major shareholders?

Cohen & Steers REIT and Preferred Income Fund's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Ellis Investment Partners LLC (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Atlantic Union Bankshares Corp (0.00%), PFG Investments LLC (0.00%), Wealth Effects LLC (0.00%) and Round Rock Advisors LLC (0.00%). Insiders that own company stock include Jane F Magpiong, Ramona Lynn Rogers-Windsor and William F Scapell.
View institutional ownership trends
.

How do I buy shares of Cohen & Steers REIT and Preferred Income Fund?

Shares of RNP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RNP) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners