Cohen & Steers Closed-End Funds Declare September 2012 Quarterly Distributions
by PR Newswire
NEW YORK, Sept. 10, 2012 /PRNewswire/ -- The Boards of Directors of Cohen & Steers closed-end funds (the "Funds") have declared third quarter 2012 distributions payable on September 28, 2012 to shareholders of record on September 20, 2012. The ex-dividend date is September 18, 2012.
Fund | NYSE Symbol |
Quarterly Distribution Per Share | |||||
Cohen & Steers Closed-End Opportunity Fund, Inc. | FOF | $0.2600 | |||||
Cohen & Steers Dividend Majors Fund, Inc. | DVM | $0.2300 | |||||
Cohen & Steers Global Income Builder, Inc. | INB | $0.2800 | |||||
Cohen & Steers Infrastructure Fund, Inc. | UTF | $0.3600 | |||||
Cohen & Steers Quality Income Realty Fund, Inc. | RQI | $0.1800 | |||||
Cohen & Steers REIT and Preferred Income Fund, Inc. | RNP | $0.3000 | |||||
The Funds pay regular quarterly cashdistributions to common shareholders at a level rate that may be adjusted from time to time, based on theprojected income of a 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 after each calendar year end once the final tax characteristics of all Fund distributions can be determined with certainty. Final tax characteristics of all Fund distributions will be provided on Form 1099-DIV, which is mailed after the close of eachcalendar year.
More information is available at cohenandsteers.com.
About Cohen & Steers:
Founded in 1986, Cohen & Steers is a leading global investment manager 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 such as hedged real estate securities portfolios and private real estate multimanager strategies for qualified investors. Headquartered in New York City, with offices in London, Brussels, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors around the world.
SOURCE Cohen & Steers, Inc.; Cohen & Steers Dividend Majors Fund, Inc.; Cohen & Steers Closed-End Opportunity Fund, Inc.; Cohen & Steers Global Income Builder, Inc.; Cohen & Steers REIT and Preferred Income Fund, Inc.; Cohen & Steers Quality Income Realty Fund, Inc.; Cohen & Steers Infrastructure Fund, Inc.
