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Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Dividend Payout Ratio : 0.51 (As of Dec. 2023)


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What is Cohen & Steers REIT and Preferredome Fund Dividend Payout Ratio?

Cohen & Steers REIT and Preferredome Fund's dividend payout ratio for the months ended in Dec. 2023 was 0.51.

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.

The historical rank and industry rank for Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio or its related term are showing as below:

RNP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.59   Max: 3.92
Current: 0.71


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.

RNP's Dividend Payout Ratio is ranked better than
55.74% of 949 companies
in the Asset Management industry
Industry Median: 0.8 vs RNP: 0.71

As of today (2024-05-26), the Dividend Yield % of Cohen & Steers REIT and Preferredome Fund is 8.09%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Cohen & Steers REIT and Preferredome Fund was 11.15%. The lowest was 5.20%. And the median was 7.34%.

Cohen & Steers REIT and Preferredome Fund's Dividends per Share for the 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.

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.

The growth rate is calculated with least square regression.

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


Cohen & Steers REIT and Preferredome Fund Dividend Payout Ratio Historical Data

The historical data trend for Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Cohen & Steers REIT and Preferredome Fund Dividend Payout Ratio Chart

Cohen & Steers REIT and Preferredome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.24 3.92 0.21 - 0.71

Cohen & Steers REIT and Preferredome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 - - 1.17 0.51

Competitive Comparison of Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio

For the Asset Management subindustry, Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio falls into.



Cohen & Steers REIT and Preferredome Fund Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.632/ 2.3
=0.71

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

* 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 (NYSE:RNP) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Cohen & Steers REIT and Preferredome Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio 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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