Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI – Get Free Report) announced a monthly dividend on Monday, June 8th. Shareholders of record on Monday, July 6th will be given a dividend of 0.09 per share by the real estate investment trust on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Monday, July 6th.
Cohen & Steers Quality Income Realty Fund Stock Down 1.9%
Shares of Cohen & Steers Quality Income Realty Fund stock opened at $13.27 on Tuesday. The company has a 50 day moving average price of $13.01 and a 200 day moving average price of $12.46. Cohen & Steers Quality Income Realty Fund has a 52 week low of $11.30 and a 52 week high of $13.57.
Hedge Funds Weigh In On Cohen & Steers Quality Income Realty Fund
Several hedge funds and other institutional investors have recently modified their holdings of RQI. Atlantic Union Bankshares Corp raised its position in shares of Cohen & Steers Quality Income Realty Fund by 290.1% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 2,017 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 1,500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at approximately $36,000. CoreCap Advisors LLC raised its position in shares of Cohen & Steers Quality Income Realty Fund by 75.3% in the 4th quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 1,414 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Cohen & Steers Quality Income Realty Fund by 102.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 2,331 shares during the last quarter. Finally, Triumph Capital Management purchased a new position in shares of Cohen & Steers Quality Income Realty Fund in the 3rd quarter valued at approximately $59,000.
About Cohen & Steers Quality Income Realty Fund
Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.
The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.
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