Cohen & Steers Total Return Realty Fund, Inc. Announces Monthly Dividend of $0.08 (NYSE:RFI)

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) declared a monthly dividend on Thursday, June 26th, Wall Street Journal reports. Investors of record on Tuesday, September 9th will be given a dividend of 0.08 per share by the real estate investment trust on Tuesday, September 30th. This represents a $0.96 annualized dividend and a yield of 8.07%. The ex-dividend date of this dividend is Tuesday, September 9th.

Cohen & Steers Total Return Realty Fund Trading Down 1.2%

NYSE:RFI opened at $11.90 on Thursday. The business’s fifty day moving average is $11.91 and its 200 day moving average is $11.87. Cohen & Steers Total Return Realty Fund has a 52-week low of $10.43 and a 52-week high of $13.44.

Institutional Investors Weigh In On Cohen & Steers Total Return Realty Fund

A hedge fund recently raised its stake in Cohen & Steers Total Return Realty Fund stock. Royal Bank of Canada boosted its position in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) by 5.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,148 shares of the real estate investment trust’s stock after purchasing an additional 9,093 shares during the quarter. Royal Bank of Canada owned about 0.63% of Cohen & Steers Total Return Realty Fund worth $2,021,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 20.42% of the stock is currently owned by institutional investors and hedge funds.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.