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Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) 3-Year RORE % : 268.47% (As of Dec. 2023)


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What is Cohen & Steers REIT and Preferredome Fund 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Cohen & Steers REIT and Preferredome Fund's 3-Year RORE % for the quarter that ended in Dec. 2023 was 268.47%.

The industry rank for Cohen & Steers REIT and Preferredome Fund's 3-Year RORE % or its related term are showing as below:

RNP's 3-Year RORE % is ranked better than
92.82% of 1533 companies
in the Asset Management industry
Industry Median: 1.22 vs RNP: 268.47

Cohen & Steers REIT and Preferredome Fund 3-Year RORE % Historical Data

The historical data trend for Cohen & Steers REIT and Preferredome Fund's 3-Year RORE % 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 3-Year RORE % Chart

Cohen & Steers REIT and Preferredome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - 9.50 190.25 268.47

Cohen & Steers REIT and Preferredome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.50 611.79 190.25 4,357.06 268.47

Competitive Comparison of Cohen & Steers REIT and Preferredome Fund's 3-Year RORE %

For the Asset Management subindustry, Cohen & Steers REIT and Preferredome Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers REIT and Preferredome Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Cohen & Steers REIT and Preferredome Fund's 3-Year RORE % falls into.



Cohen & Steers REIT and Preferredome Fund 3-Year RORE % Calculation

Cohen & Steers REIT and Preferredome Fund's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.3-7.103 )/( 2.963-4.752 )
=-4.803/-1.789
=268.47 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


Cohen & Steers REIT and Preferredome Fund  (NYSE:RNP) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Cohen & Steers REIT and Preferredome Fund 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Cohen & Steers REIT and Preferredome Fund's 3-Year RORE % 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

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