Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) declared a monthly dividend on Monday, June 2nd, Wall Street Journal reports. Investors of record on Monday, June 16th will be paid a dividend of 0.0312 per share on Monday, June 30th. This represents a $0.37 dividend on an annualized basis and a yield of 11.56%. The ex-dividend date is Monday, June 16th.
Neuberger Berman Real Estate Securities Income Fund has raised its dividend by an average of 53.2% annually over the last three years.
Neuberger Berman Real Estate Securities Income Fund Stock Performance
Shares of NYSEAMERICAN NRO opened at $3.24 on Wednesday. The business’s 50 day moving average price is $3.14. Neuberger Berman Real Estate Securities Income Fund has a 1-year low of $2.75 and a 1-year high of $4.15.
Neuberger Berman Real Estate Securities Income Fund Company Profile
Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.
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