Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) announced a monthly dividend on Tuesday, June 30th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0312 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 12.3%. The ex-dividend date is Wednesday, July 15th.
Neuberger Berman Real Estate Securities Income Fund Stock Up 0.7%
NRO opened at $3.05 on Thursday. The stock’s 50 day moving average price is $2.99 and its two-hundred day moving average price is $2.99. Neuberger Berman Real Estate Securities Income Fund has a 12-month low of $2.74 and a 12-month high of $3.37.
About Neuberger Berman Real Estate Securities Income Fund
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end management investment company organized as a Massachusetts business trust. Listed on the NYSE American exchange, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through an actively managed portfolio of real estate securities. Its structure allows investors to access a diversified pool of real estate assets within a single investment vehicle.
The fund’s primary investment focus is on equity real estate investment trusts (REITs), real estate operating companies and other real estate–related securities.
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