Cohen & Steers REIT and Preferred Income Fund Dividend
Dividend criteria checks 5/6
Cohen & Steers REIT and Preferred Income Fund is a dividend paying company with a current yield of 8.36% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 14th May, 2024.
Key information
8.4%
Dividend yield
71%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 14 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.31 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
RNP: Lower Yield And Higher For Longer Make This A Hold Now (Rating Downgrade)
Mar 08RNP: Consistent 8% Income Yield And Potentially Market Matching Returns
Feb 04RNP: One Of The Best Real Estate Closed-End Funds
Dec 29RNP: Leveraged To Fed Rate Cuts
Nov 16RNP: High Quality 10% Yield From REIT Exposure
Nov 01RNP: A ~10% Distribution Rate As REITs Remain Pressured
Oct 07RNP Vs. RIET: I Prefer RNP's Longer Track Record
Jul 07RNP: A Monthly 7.4% Distribution Rate, Return Of Capital Likely
Jan 25Cohen & Steers REIT and Preferred and Income Fund, Inc. declares $0.136 dividend
Dec 14Cohen & Steers REIT and Preferred and Income Fund goes ex dividend tomorrow
Dec 06Cohen & Steers REIT and Preferred and Income Fund goes ex-dividend tomorrow
Oct 10Cohen & Steers REIT and Preferred and Income Fund declares $1.0714 dividend
Sep 27RNP: Strong, Steady Yield, Supported By Low But Positive Price Growth
Aug 26RNP: Solid Income Play
Mar 30RNP: Best In Class Assets Priced At A Discount
Mar 08RNP: A Welcome Increase To The Monthly Dividend
Dec 22RNP: Another Opportunity In The REIT Space
Oct 22RNP: A Cash Flow Machine With The Ability To Fight Inflation
Sep 15Inflation Is Soaring, Buy High-Yield REITs With RQI And RNP
Aug 02Cohen & Steers REIT and Preferred and Income Fund goes ex-dividend tomorrow
Jan 11REITs Ready To Soar: Buy RQI And RNP
Nov 20Cohen & Steers REIT and Preferred and Income Fund goes ex-dividend tomorrow
Nov 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RNP's dividends per share have been stable in the past 10 years.
Growing Dividend: RNP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Cohen & Steers REIT and Preferred Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RNP) | 8.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (RNP) | n/a |
Notable Dividend: RNP's dividend (8.36%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: RNP's dividend (8.36%) is in the top 25% of dividend payers in the US market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.9%), RNP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (102.8%), RNP's dividend payments are not well covered by cash flows.