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Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) Dividend Yield %

: 8.54% (As of Today)
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As of today (2024-04-16), the Trailing Annual Dividend Yield of Cohen & Steers REIT and Preferredome Fund is 8.54%.

Warning Sign:

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

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

RNP' s Dividend Yield % Range Over the Past 10 Years
Min: 5.2   Med: 7.29   Max: 11.15
Current: 8.54

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 7.29%.

RNP's Dividend Yield % is ranked better than
70.55% of 1219 companies
in the Asset Management industry
Industry Median: 5.67 vs RNP: 8.54

Cohen & Steers REIT and Preferredome Fund's Dividend Payout Ratio for the six 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.

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.

As of today (2024-04-16), the Forward Dividend Yield % of Cohen & Steers REIT and Preferredome Fund is 8.54%.

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.

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 Yield % Historical Data

The historical data trend for Cohen & Steers REIT and Preferredome Fund's Dividend Yield % 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 Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only 6.25 6.52 5.20 8.00 8.10

Cohen & Steers REIT and Preferredome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.20 7.31 8.00 8.59 8.10

Competitive Comparison

For the Asset Management subindustry, Cohen & Steers REIT and Preferredome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution

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

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



Cohen & Steers REIT and Preferredome Fund Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.632/19.12
=8.54 %

Current Share Price is $19.12.
Cohen & Steers REIT and Preferredome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.632.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.632/19.12
=8.54 %

Current Share Price is $19.12.
Cohen & Steers REIT and Preferredome Fund's Dividends per Share for the forward twelve months is calculated as $0.136 * 12 = $1.632.

* 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cohen & Steers REIT and Preferredome Fund Dividend Yield % Related Terms

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