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Cohen & Steers REIT and Preferredome Fund (Cohen & Steers REIT and Preferredome Fund) 5-Year Yield-on-Cost % : 8.95 (As of May. 26, 2024)


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What is Cohen & Steers REIT and Preferredome Fund 5-Year Yield-on-Cost %?

Cohen & Steers REIT and Preferredome Fund's yield on cost for the quarter that ended in Dec. 2023 was 8.95.


The historical rank and industry rank for Cohen & Steers REIT and Preferredome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:

RNP' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.77   Med: 8.14   Max: 12.37
Current: 8.95


During the past 7 years, Cohen & Steers REIT and Preferredome Fund's highest Yield on Cost was 12.37. The lowest was 5.77. And the median was 8.14.


RNP's 5-Year Yield-on-Cost % is ranked better than
71.69% of 1215 companies
in the Asset Management industry
Industry Median: 5.92 vs RNP: 8.95

Competitive Comparison of Cohen & Steers REIT and Preferredome Fund's 5-Year Yield-on-Cost %

For the Asset Management subindustry, Cohen & Steers REIT and Preferredome Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 Yield-on-Cost % Distribution in the Asset Management Industry

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

* The bar in red indicates where Cohen & Steers REIT and Preferredome Fund's 5-Year Yield-on-Cost % falls into.



Cohen & Steers REIT and Preferredome Fund 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Cohen & Steers REIT and Preferredome Fund is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Cohen & Steers REIT and Preferredome Fund  (NYSE:RNP) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Cohen & Steers REIT and Preferredome Fund 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Cohen & Steers REIT and Preferredome Fund's 5-Year Yield-on-Cost % 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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