Cohen & Steers Closed-End Funds Declare March 2012 Quarterly Distributions
NEW YORK, March 9, 2012 /PRNewswire/ -- The boards of directors of Cohen & Steers closed-end funds have declared first quarter 2012 distributions payable on March 30, 2012 to shareholders of record on March 19, 2012. The ex-dividend date is March 15, 2012.
| Fund |
NYSE Symbol |
Quarterly Distribution Per Share |
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| Cohen & Steers Closed-End Opportunity Fund, Inc. |
FOF |
$0.2600 |
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| Cohen & Steers Dividend Majors Fund, Inc. |
DVM |
$0.2300 |
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| Cohen & Steers Global Income Builder, Inc. |
INB |
$0.2800 |
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| Cohen & Steers Infrastructure Fund, Inc. |
UTF |
$0.3600 |
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| Cohen & Steers Quality Income Realty Fund, Inc. |
RQI |
$0.1800 |
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| Cohen & Steers REIT and Preferred Income Fund, Inc. |
RNP |
$0.3000 |
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The funds pay regular quarterly cash distributions to common shareholders at a level rate that may be adjusted from time to time, based on the projected income of the fund. The amount of quarterly distributions may vary depending on a number of factors, including changes in portfolio and market conditions. Each fund's distributions reflect net investment income, and may also include net realized capital gains and/or return of capital. Return of capital includes distributions paid by a fund in excess of its net investment income and such excess is distributed from the fund's assets. Under federal tax regulations, some or all of the return of capital distributed by a fund may be taxed as ordinary income.
In addition, distributions for funds investing in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to each fund after year-end by REITs held by a fund.
The amount and composition of each fund's distribution is disclosed quarterly at cohenandsteers.com; however, this information may change at the end of the year because the final tax characteristics of all fund distributions cannot be determined with certainty until after the end of the calendar year. Final tax characteristics of all fund distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.
More information is available at cohenandsteers.com.
//Web site: http://cohenandsteers.com/
Symbol:NYSE: CNS
About Cohen & Steers:Founded in 1986, Cohen & Steers is a leading global investment management firm focused on global real estate securities, global listed infrastructure, real assets, large cap value stocks, and preferred securities. The company also manages alternative investment strategies for qualified investors, such as hedged real estate securities portfolios and private real estate multimanager strategies. Headquartered in New York City, with offices in London, Brussels, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors through a broad range of investment vehicles.
SOURCE Cohen & Steers
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