Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Plans $0.03 Monthly Dividend

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) declared a monthly dividend on Thursday, April 30th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.0312 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date of this dividend is Friday, May 15th.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Shares of NYSEAMERICAN:NRO traded down $0.01 on Friday, hitting $3.04. 24,003 shares of the company traded hands, compared to its average volume of 292,407. Neuberger Berman Real Estate Securities Income Fund has a 52 week low of $2.74 and a 52 week high of $3.37. The stock has a 50 day simple moving average of $2.97 and a 200-day simple moving average of $3.03.

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.