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Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) 5-Year Dividend Growth Rate : 2.10% (As of Dec. 2023)


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What is Cohen & Steers REIT and Preferredome Fund 5-Year Dividend Growth Rate?

Cohen & Steers REIT and Preferredome Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.82.

During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Cohen & Steers REIT and Preferredome Fund was 3.10% per year. The lowest was 3.10% per year. And the median was 3.10% per year.

Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.51. As of today, Cohen & Steers REIT and Preferredome Fund's Dividend Yield % is 8.25%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cohen & Steers REIT and Preferred Income Fund Inc is 0.71, which seems too high.

Warning Sign:

Cohen & Steers REIT and Preferred Income Fund Inc stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cohen & Steers REIT and Preferredome Fund's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Cohen & Steers REIT and Preferredome Fund's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cohen & Steers REIT and Preferredome Fund's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers REIT and Preferredome Fund's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cohen & Steers REIT and Preferredome Fund's 5-Year Dividend Growth Rate falls into.



Cohen & Steers REIT and Preferredome Fund 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cohen & Steers REIT and Preferredome Fund  (NYSE:RNP) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.816/ 1.6
=0.51

During the past 7 years, the highest Dividend Payout Ratio of Cohen & Steers REIT and Preferredome Fund was 3.92. The lowest was 0.21. And the median was 0.59.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cohen & Steers REIT and Preferred Income Fund Inc is 0.71, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cohen & Steers REIT and Preferredome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1362024-04-092024-04-102024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362024-03-122024-03-132024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362024-02-132024-02-142024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362024-01-162024-01-172024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-12-122023-12-132023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-10-102023-10-112023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-09-122023-09-132023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-08-152023-08-162023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-07-112023-07-122023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-06-132023-06-142023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1362023-05-092023-05-102023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cohen & Steers REIT and Preferredome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.632/19.77
=8.25 %

Current Share Price is $19.77.
Cohen & Steers REIT and Preferredome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.632.

During the past 7 years, the highest Dividend Yield of Cohen & Steers REIT and Preferredome Fund was 11.15%. The lowest was 5.20%. And the median was 7.31%.

Warning Sign:

Cohen & Steers REIT and Preferred Income Fund Inc stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cohen & Steers REIT and Preferredome Fund 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Cohen & Steers REIT and Preferredome Fund's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
Cohen & Steers REIT and Preferred Income Fund Inc is a diversified, closed-ended investment management fund. Its investment objective is to provide high current income with capital appreciation as its secondary objective. The Fund invests at least 80% of its total assets in common stocks issued by real estate investment trusts (REITs) and preferred securities under normal circumstances.
Executives
William F Scapell officer: Vice President, other: Portfolio Manager C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Elaine Zaharis-nikas other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jerry Dorost other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Adam M Derechin director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Mathew Kirschner other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Headlines

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