Forecasted dividends of $0.12 are lurking just around the corner for Cohen & Steers Reit and Preferred Income Fund Inc (NYSE:RNP) shareholder?

July 17, 2017 - By Hazel Jackson

 Forecasted dividends of $0.12 are lurking just around the corner for Cohen & Steers Reit and Preferred Income Fund Inc (NYSE:RNP) shareholder?
Investors sentiment decreased to 1.24 in Q4 2016. Its down 0.33, from 1.57 in 2016Q3. It dived, as 6 investors sold Cohen & Steers REIT Pfd Inc Fd shares while 19 reduced holdings. 6 funds opened positions while 25 raised stakes. 7.08 million shares or 2.60% more from 6.90 million shares in 2016Q3 were reported.
Cornerstone Advsrs Inc has invested 1.54% in Cohen & Steers REIT Pfd Inc Fd (NYSE:RNP). Bartlett & Limited Liability Corporation reported 111,650 shares. Nelson Van Denburg Campbell Wealth Mngmt Ltd Liability Corporation accumulated 2,518 shares. Guggenheim Capital Limited Liability Company holds 0% of its portfolio in Cohen & Steers REIT Pfd Inc Fd (NYSE:RNP) for 81,388 shares. Da Davidson And accumulated 9,975 shares. 16,991 are held by Weiss Asset Mngmt L P. Moreover, Ota Financial Ltd Partnership has 0.14% invested in Cohen & Steers REIT Pfd Inc Fd (NYSE:RNP). Stifel Corporation has invested 0% in Cohen & Steers REIT Pfd Inc Fd (NYSE:RNP). Raymond James Associates, a Florida-based fund reported 143,847 shares. Camelot Portfolios Lc holds 432,862 shares. Wespac Advsrs stated it has 21,714 shares. Winslow Evans Crocker has 2 shares. Stellar Capital Mngmt Limited Liability Corporation holds 27,515 shares or 0.43% of its portfolio. Janney Montgomery Scott Ltd Liability reported 30,947 shares. Advisors Asset Management holds 0.01% or 33,949 shares.

Cohen & Steers Reit and Preferred Income Fund Inc (NYSE:RNP) is expected to pay $0.12 on Jul 31, 2017. The indicated annual dividend is $1.61. Shareholders owning the stock before Jul 18, 2017 will be eligible to receive the payout. Based on Cohen & Steers Reit and Preferred Income Fund Inc’s current price of $20.89, the dividend is 0.59 %. This dividend’s record date is Jul 20, 2017 and the announcement date is Jun 29, 2017. The stock increased 0.92% or $0.19 on July 14, reaching $20.89. About shares traded. Cohen & Steers REIT Pfd Inc Fd (NYSE:RNP) has risen 6.26% since July 17, 2016 and is uptrending. It has underperformed by 10.44% the S&P500.

Cohen & Steers REIT and Preferred Income Fund, Inc. is a diversified, closed-end management investment fund. The company has market cap of $1000.00 million. The Fund’s investment objective is high current income through investment in real estate and diversified preferred securities. It currently has negative earnings. The secondary investment objective is capital appreciation.

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