NEW
YORK, Sept. 26, 2022 /PRNewswire/ -- The Board
of Directors of the Cohen & Steers REIT and Preferred and
Income Fund, Inc. (NYSE: RNP) (the "Fund") has declared a special
distribution, as summarized in the chart below. In addition to the
regular monthly dividend, this special distribution distributes all
remaining income and realized capital gains from the Fund's prior
year and is required for Federal income tax purposes to maintain
its status as a regulated investment company. The total
distribution will be taxable to shareholders in 2022.
Declaration
Date
|
Ex-Date
|
Record
Date
|
Payable
Date
|
Distribution
Per
Share
|
Sept. 26,
2022
|
Dec. 07,
2022
|
Dec. 08,
2022
|
Dec. 15,
2022
|
$1.0714
|
The Fund declares this distribution pursuant to the Fund's
managed distribution plan. The Fund implemented a managed
distribution policy in accordance with exemptive relief issued by
the Securities and Exchange Commission. The policy gives the Fund
greater flexibility to realize long-term capital gains throughout
the year and to distribute those gains on a regular monthly basis
to shareholders. Information can also be found on the Funds'
website at cohenandsteers.com. The Board of Directors of the Fund
may amend, terminate or suspend the managed distribution policy at
any time, which could have an adverse effect on the market price of
the Fund's shares. The Fund's distributions may include net
investment income, long-term capital gains, short-term capital
gains and/or return of capital. Under the plan, prior to the
payment date of this distribution, the Fund will issue a press
release and a notice containing information about the amount and
sources of the distribution and other related information to
shareholders of record on the record date. Please note that the
notice is not provided for tax reporting purposes but for
informational purposes only. Information can also be found on the
Fund's website at cohenandsteers.com
______________________________________________________________________________
Shareholders should not use the information provided in
preparing their tax returns. Shareholders will receive a Form
1099-DIV for the calendar year indicating how to report Fund
distributions for federal income tax purposes.
Investors should consider the investment objectives, risks,
charges and expense of the Fund carefully before investing. You can
obtain the Fund's most recent periodic reports, when available, and
other regulatory filings by contacting your financial advisor or
visiting cohenandsteers.com. These reports and other filings can be
found on the Securities and Exchange Commission's EDGAR Database.
You should read these reports and other filings carefully before
investing.
Website: https://www.cohenandsteers.com/
Symbol: (NYSE: CNS)
About Cohen & Steers. Cohen & Steers is a leading
global investment manager specializing in real assets and
alternative income, including real estate, preferred securities,
infrastructure, resource equities, commodities, as well as
multi-strategy solutions. Founded in 1986, the firm is
headquartered in New York City,
with offices in London,
Dublin, Hong Kong, and Tokyo.
Forward-Looking Statements
This press release and other statements that Cohen &
Steers may make may contain forward looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, which reflect the
company's current views with respect to, among other things, its
operations and financial performance. You can identify these
forward-looking statements by the use of words such as "outlook,"
"believes," "expects," "potential," "continues," "may," "will,"
"should," "seeks," "approximately," "predicts," "intends," "plans,"
"estimates," "anticipates," or the negative versions of these words
or other comparable words. Such forward-looking statements are
subject to various risks and uncertainties.
Accordingly, there are or will be important factors that
could cause actual outcomes or results to differ materially from
those indicated in these statements. The company undertakes no
obligation to publicly update or review any forward-looking
statement, whether as a result of new information, future
developments or otherwise.
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SOURCE Cohen & Steers, Inc.