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

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) announced a monthly dividend on Wednesday, June 26th, Wall Street Journal reports. Shareholders of record on Tuesday, August 13th will be paid a dividend of 0.11 per share on Friday, August 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 9.48%. The ex-dividend date is Tuesday, August 13th.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

RLTY stock traded down $0.08 during midday trading on Wednesday, hitting $13.93. The stock had a trading volume of 78,403 shares, compared to its average volume of 71,766. The stock’s 50-day simple moving average is $13.75. Cohen & Steers Real Estate Opportunities & Income Fund has a 52 week low of $11.38 and a 52 week high of $14.86.

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.