Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) declared a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0312 per share on Friday, October 30th. This represents a $0.37 annualized dividend and a dividend yield of 14.5%. The ex-dividend date is Thursday, October 15th.
Neuberger Berman Real Estate Securities Income Fund Trading Up 0.4%
Shares of NYSEAMERICAN:NRO opened at $2.59 on Tuesday. The firm’s fifty day moving average is $2.81 and its 200-day moving average is $2.93. Neuberger Berman Real Estate Securities Income Fund has a 52 week low of $2.49 and a 52 week high of $3.23.
Neuberger Berman Real Estate Securities Income Fund Company Profile
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end investment fund managed by Neuberger Berman. The fund seeks to provide a high level of current income and long-term capital appreciation by investing primarily in securities connected to the real estate industry.
Its portfolio may include equity and debt securities issued by real estate investment trusts (REITs), real estate operating companies and other real estate-related businesses. The fund may also invest in mortgage-related securities and other income-producing instruments, subject to its investment policies and the judgment of its portfolio management team.
NRO’s shares trade on the NYSE American exchange, while the fund’s assets are managed by Neuberger Berman Investment Advisers LLC.
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