Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) declared a monthly dividend on Wednesday, December 31st. Shareholders of record on Thursday, January 15th will be given a dividend of 0.0312 per share on Friday, January 30th. This represents a c) annualized dividend and a yield of 12.3%. The ex-dividend date is Thursday, January 15th.
Neuberger Berman Real Estate Securities Income Fund Stock Down 0.7%
Shares of NRO stock opened at $3.04 on Friday. The stock’s 50-day moving average is $3.05 and its two-hundred day moving average is $3.17. Neuberger Berman Real Estate Securities Income Fund has a 1 year low of $2.75 and a 1 year high of $3.69.
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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