SmarterDividends
RNP

Cohen & Steers REIT and Preferred Income Fund, Inc.

RNP

Financial Services · Stock · monthly payer

Forward Yield

7.80%

Annual Dividend

$1.63

Payout Ratio

136%

5-Yr Growth

1.9%

Ex-Date

Jun 9, 2026

Frequency

Monthly

RNP Dividend Safety Score

65/ 100
Grade C

Borderline

Dividend-growth streak8 consecutive years of growth
Cut historyCut its dividend in 2017
Earnings payout coverage136% of earnings paid out
Balance-sheet strengthDebt/equity of 0.45
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is RNP a good dividend stock?

Yes, with caveats

Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) pays a monthly dividend yielding 7.80% ($1.63/yr), with 8 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2017
    • Elevated payout ratio (136%)
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    7.80%
    Payout Ratio
    136%
    Annual Dividend
    $1.63
    5-Yr Avg Growth
    1.9%
    Ex-Dividend Date
    Jun 9, 2026
    Years of Growth
    8
    Frequency
    monthly
    Beta
    1.22
    Market Cap
    $1.0B
    P/E Ratio
    17.4
    5-Yr Total Return
    -23%
    52-Week Range
    $19.27 – $22.99
    Dividend Safety
    C · 65/100
    Ever Cut?
    Yes (2017)
    RNP ex-dividend date & scheduleNext ex-date Jun 9, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.63 / yr per share

    Per payment (monthly)$13.58
    Annual$163.00
    Monthly avg$13.58