Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Declares Dividend of $0.08

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) announced a dividend on Monday, January 13th,investing.com reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.08 per share by the real estate investment trust on Friday, January 31st. This represents a dividend yield of 7.8%. The ex-dividend date is Tuesday, January 14th.

Cohen & Steers Quality Income Realty Fund has increased its dividend by an average of 33.9% per year over the last three years.

Cohen & Steers Quality Income Realty Fund Trading Up 2.2 %

RQI traded up $0.27 during trading hours on Monday, hitting $12.31. The company’s stock had a trading volume of 809,549 shares, compared to its average volume of 436,250. Cohen & Steers Quality Income Realty Fund has a 12 month low of $10.61 and a 12 month high of $14.41. The business’s 50-day moving average price is $12.91 and its 200-day moving average price is $13.06.

Insiders Place Their Bets

In other news, Portfolio Manager Mathew Kirschner acquired 5,380 shares of the firm’s stock in a transaction on Wednesday, October 16th. The shares were bought at an average price of $14.02 per share, for a total transaction of $75,427.60. Following the acquisition, the portfolio manager now owns 5,380 shares of the company’s stock, valued at approximately $75,427.60. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.

Cohen & Steers Quality Income Realty Fund Company Profile

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.