Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0312 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 12.9%. The ex-dividend date of this dividend is Tuesday, September 15th.
Neuberger Berman Real Estate Securities Income Fund Price Performance
NRO opened at $2.91 on Tuesday. The firm has a 50 day simple moving average of $3.01 and a 200 day simple moving average of $2.99. Neuberger Berman Real Estate Securities Income Fund has a fifty-two week low of $2.74 and a fifty-two week high of $3.37.
Neuberger Berman Real Estate Securities Income Fund Company Profile
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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