% | $
Quotes you view appear here for quick access.

Cohen & Steers Reit and Preferr Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • codehead321 codehead321 Feb 24, 2012 2:41 PM Flag

    Don't be fooled about the dividend!

    RNP is a mutual fund that invests in various REITs and preferred shares. Some REITs own real estate which generate return of capital due mainly to depreciation and other non-cash charges. When these REITs pay dividends to RNP, some of that cash is going to be classified as a ROC since depreication reduced their earnings. I wouldn't worry about a ROC but would welcome it.

16.42+0.15(+0.92%)Feb 12 4:00 PMEST