Brookfield Real Assets Income Fund Inc. to Issue Monthly Dividend of $0.12 (NYSE:RA)

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Friday, June 26th. Shareholders of record on Thursday, August 6th will be given a dividend of 0.118 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Thursday, August 6th.

Brookfield Real Assets Income Fund Price Performance

NYSE RA opened at $12.85 on Tuesday. Brookfield Real Assets Income Fund has a 52-week low of $12.50 and a 52-week high of $13.59. The business’s 50-day moving average price is $12.79 and its 200 day moving average price is $12.93.

Insider Buying and Selling at Brookfield Real Assets Income Fund

In other Brookfield Real Assets Income Fund news, Director Heather S. Goldman sold 2,750 shares of Brookfield Real Assets Income Fund stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total value of $34,980.00. Following the transaction, the director directly owned 22 shares in the company, valued at approximately $279.84. This trade represents a 99.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Trading of Brookfield Real Assets Income Fund

Hedge funds have recently made changes to their positions in the company. Quadrant Capital Group LLC acquired a new position in shares of Brookfield Real Assets Income Fund during the fourth quarter worth about $51,000. Fifth Third Bancorp purchased a new position in shares of Brookfield Real Assets Income Fund during the 1st quarter worth approximately $81,000. US Bancorp DE acquired a new stake in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at approximately $101,000. Merit Financial Group LLC acquired a new stake in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at approximately $140,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter valued at approximately $146,000.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.