Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP)

NYSE: RNP · Real-Time Price · USD
20.65
-0.30 (-1.43%)
Jan 6, 2025, 4:00 PM EST - Market closed
-1.43%
Market Value 986.51M
Revenue (ttm) 70.95M
Net Income (ttm) 104.12M
Shares Out 47.77M
EPS (ttm) 2.18
PE Ratio 9.48
Forward PE n/a
Dividend $1.63 (7.90%)
Ex-Dividend Date Mar 11, 2025
Volume 203,677
Open 20.97
Previous Close 20.95
Day's Range 20.65 - 21.11
52-Week Range 18.77 - 24.41
Beta 1.36
Analysts n/a
Price Target n/a
Earnings Date n/a

About 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 fundamen... [Read more]

Sector Financials
Founded 2003
Country United States
Stock Exchange NYSE
Ticker Symbol RNP
Full Company Profile

News

REITs Say 'Good Riddance' To 2024

U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finis...

1 day ago - Seeking Alpha

4 Upcoming Dividend Increases

Happy New Year! Kicking off 2025 with four companies offering inflation-beating dividend increases, averaging 10.8% with a median of 11%. My strategy focuses on buying, holding, and adding companies w...

Other symbols: EIXERIEMAOCSCHDVNQ
2 days ago - Seeking Alpha

REITs Remain On Naughty List

U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand...

8 days ago - Seeking Alpha

8 Stocks I'm Buying As I Hone My Buying Strategy For 2025

I visualize my portfolio as a galley ship with rowers (steady compounders) and sails (high-yielding securities) for balanced growth and income. In 2025, my goal is to refocus on rowers to enhance divi...

9 days ago - Seeking Alpha

Very Bad News For REITs

Trump's election victory is bad news for many REITs. His policies are perceived to be inflationary. As a result, interest rates may remain higher for longer.

16 days ago - Seeking Alpha

Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of Sources of Distribution Under Section 19(a)

NEW YORK , Dec. 17, 2024 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: RNP) (the "Fund") with information regarding the sou...

Other symbols: CNS
20 days ago - PRNewsWire

At-The-Market Issuance By U.S. REITs Hits All-Time Quarterly High In Q3 2024

Total proceeds raised by US equity real estate investment trusts through at-the-market offering programs rocketed to an all-time high in the third quarter. US REITs raised an aggregate of $7.21 billio...

4 weeks ago - Seeking Alpha

I'm Surrounded By The Great Wall Of Income: Up To 7% Yields

Great yields not only provide recurring income but also protection from the storms of life. Money doesn't solve life's problems, but it can make solutions easier to find. Diligence is a key characteri...

Other symbols: DFP
4 weeks ago - Seeking Alpha

REITs: Key Demographic Trends Driving Opportunity

Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...

5 weeks ago - Seeking Alpha

Home For The Holidays

U.S. equity markets rebounded this week as investors weighed a relatively strong slate of housing market data and solid retail earnings against heightened geopolitical volatility in Eastern Europe. Fo...

6 weeks ago - Seeking Alpha

Firming Inflation Fizzles Optimism

U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...

7 weeks ago - Seeking Alpha

8 Upcoming Dividend Increases

Eight dividend contenders are increasing their dividends this week, with an average increase of 7.1% and a median of 4.4%. My strategy focuses on buying, holding, and adding to companies with consiste...

7 weeks ago - Seeking Alpha

My Portfolio's Biggest Winners And Losers From A Republican Sweep

The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...

Other symbols: AMHAMTAREBEPBEPCBHBCCI
2 months ago - Seeking Alpha

17 Upcoming Dividend Increases

This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holdin...

2 months ago - Seeking Alpha

I Am Loading Up On Preferred Stocks, Yields +7%

Fixed Income forms the cornerstone of our rate-agnostic income approach. Preferred securities offer steady dividends, lower volatility, and predictable cash flow, making them ideal for retirees. We di...

Other symbols: TRIN
2 months ago - Seeking Alpha

16 Upcoming Dividend Increases

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are six...

2 months ago - Seeking Alpha

U.S. REITs Log Dip In Short Interest In September

Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...

2 months ago - Seeking Alpha

Rate Cut Rethink

U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation da...

Other symbols: ABRAVBBBREDRNDRVFRFREL
3 months ago - Seeking Alpha

My Top Income Picks For October

Income should never be spooky, but it is a nice treat. I demand a full course meal of income from my portfolio to fund my lifestyle. Today, we dive into this month's scary truth and important picks.

Other symbols: USA
3 months ago - Seeking Alpha

2 High-Yielding Funds That Could Be Placed In Retirement Portfolio

Predictable cash flows, strong balance sheets and attractive yields already from the start are the most common properties the retirement investors are seeking in their portfolio. By doing a proper due...

Other symbols: OPLDRFIRQISPGUTF
3 months ago - Seeking Alpha

Perspectives: Listed REITs - Fall Edition

Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...

3 months ago - Seeking Alpha

RNP: 6.9% Income Yield And A Bet On Much Lower Interest Rates

Cohen & Steers REIT & Preferred Income Fund is a closed-end fund that primarily invests in the equity of real-estate companies and preferred and fixed-income securities. We believe it is an excellent ...

3 months ago - Seeking Alpha

12 Upcoming Dividend Increases

As fall approaches, twelve smaller financial institutions are set to increase dividends, averaging a 7.6% increase. My investment strategy focuses on companies with consistent dividend growth and outp...

4 months ago - Seeking Alpha

15 Upcoming Dividend Increases Including A King

This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and addin...

4 months ago - Seeking Alpha

Retirement: Two Yields To Send Your Income Soaring

Fund your retirement with valuable income from everyday sources. When others spend money, you can benefit from their spending via dividends and distributions. I love collecting income, so I created my...

Other symbols: THQ
4 months ago - Seeking Alpha