Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) declared a monthly dividend on Friday, May 29th. Investors of record on Monday, June 15th will be given a dividend of 0.0312 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 12.5%. The ex-dividend date of this dividend is Monday, June 15th.
Neuberger Berman Real Estate Securities Income Fund Stock Performance
NYSEAMERICAN NRO remained flat at $2.99 during trading on Friday. 199,826 shares of the company were exchanged, compared to its average volume of 276,658. Neuberger Berman Real Estate Securities Income Fund has a 52-week low of $2.74 and a 52-week high of $3.37. The firm’s fifty day moving average is $2.99 and its 200-day moving average is $2.99.
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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