Cohen & Steers Real Estate Opportunities & Income Fund to Issue Monthly Dividend of $0.11 (NYSE:RLTY)

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) announced a monthly dividend on Friday, December 20th,Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be given a dividend of 0.11 per share on Monday, March 31st. This represents a $1.32 dividend on an annualized basis and a yield of 8.90%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

Shares of RLTY traded up $0.26 during mid-day trading on Friday, hitting $14.83. 129,231 shares of the company traded hands, compared to its average volume of 80,505. The business has a 50 day moving average of $16.19 and a 200 day moving average of $15.74. Cohen & Steers Real Estate Opportunities & Income Fund has a 1-year low of $12.98 and a 1-year high of $17.77.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

Cohen & Steers Real Estate Opportunities & Income Fund is an open end balanced mutual fund launched and managed by Cohen & Steers Capital Management, Inc It invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests directly and through derivatives in stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts (reits) and real estate sectors.