Cohen & Steers REIT and Preferred Income Fund, Inc. disclosed the sources and estimated amounts of its May 29, 2026 distribution, including net investment income, capital gains, and return of capital. The Fund follows a managed distribution policy to provide regular monthly payouts while allowing flexibility to realize capital gains. Shareholders will receive a Form 1099-DIV for tax reporting, as distribution components may vary and include return of capital, which affects tax basis but is not taxable income. The Fund also shared its year-to-date and five-year performance metrics, highlighting the relationship between total returns and distribution rates. Investors are advised to review official reports for detailed investment information and tax implications.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
