Neuberger Berman Real Estate Securities Income Fund Inc. (NRO) to Distribute Monthly Dividend of $0.03 on August 31st

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Friday, July 31st. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0312 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 12.5%. The ex-dividend date of this dividend is Monday, August 17th.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NYSEAMERICAN NRO opened at $3.00 on Friday. The stock’s 50 day moving average price is $3.01 and its two-hundred day moving average price is $2.99. Neuberger Berman Real Estate Securities Income Fund has a 52-week low of $2.74 and a 52-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.