Cohen & Steers Closed-End Opportunity Fund, Inc. to Issue Monthly Dividend of $0.09 (NYSE:FOF)

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) announced a monthly dividend on Tuesday, December 16th. Shareholders of record on Tuesday, February 10th will be paid a dividend of 0.087 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date is Tuesday, February 10th.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

Shares of FOF traded up $0.05 during mid-day trading on Wednesday, reaching $13.02. 16,544 shares of the company’s stock traded hands, compared to its average volume of 51,900. The business’s 50-day moving average price is $13.02 and its 200-day moving average price is $12.87. Cohen & Steers Closed-End Opportunity Fund has a 12 month low of $10.37 and a 12 month high of $13.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FOF. Cetera Investment Advisers increased its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 5.9% during the first quarter. Cetera Investment Advisers now owns 23,425 shares of the company’s stock valued at $283,000 after purchasing an additional 1,313 shares during the period. Raymond James Financial Inc. grew its position in Cohen & Steers Closed-End Opportunity Fund by 11.0% in the 1st quarter. Raymond James Financial Inc. now owns 308,816 shares of the company’s stock valued at $3,727,000 after buying an additional 30,693 shares in the last quarter. Royal Bank of Canada increased its stake in Cohen & Steers Closed-End Opportunity Fund by 2.2% during the 1st quarter. Royal Bank of Canada now owns 229,100 shares of the company’s stock valued at $2,765,000 after buying an additional 4,972 shares during the period. Kapstone Financial Advisors LLC lifted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 36.2% in the 2nd quarter. Kapstone Financial Advisors LLC now owns 18,590 shares of the company’s stock worth $235,000 after acquiring an additional 4,940 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 53.4% in the second quarter. Atria Wealth Solutions Inc. now owns 25,833 shares of the company’s stock valued at $326,000 after acquiring an additional 8,995 shares in the last quarter.

About Cohen & Steers Closed-End Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.