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

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) declared a monthly dividend on Monday, June 22nd. Investors of record on Tuesday, September 8th will be given a dividend of 0.11 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

Shares of NYSE RLTY opened at $15.46 on Tuesday. The stock’s 50-day moving average is $15.60 and its two-hundred day moving average is $15.20. Cohen & Steers Real Estate Opportunities & Income Fund has a 1-year low of $14.04 and a 1-year high of $15.97.

Hedge Funds Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers increased its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 11.6% during the fourth quarter. Cetera Investment Advisers now owns 13,518 shares of the company’s stock worth $199,000 after buying an additional 1,404 shares during the period. Wells Fargo & Company MN lifted its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 2.1% in the fourth quarter. Wells Fargo & Company MN now owns 80,219 shares of the company’s stock worth $1,179,000 after acquiring an additional 1,626 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% in the second quarter. Raymond James Financial Inc. now owns 132,791 shares of the company’s stock worth $2,016,000 after acquiring an additional 2,059 shares during the last quarter. Gilpin Wealth Management LLC acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter worth approximately $33,000. Finally, Geneos Wealth Management Inc. grew its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock worth $54,000 after acquiring an additional 3,005 shares in the last quarter.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.

The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.