Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) declared a monthly dividend on Monday, September 30th, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0312 per share on Thursday, October 31st. This represents a $0.37 annualized dividend and a dividend yield of 9.13%. The ex-dividend date is Tuesday, October 15th.
Neuberger Berman Real Estate Securities Income Fund has decreased its dividend by an average of 8.0% per year over the last three years.
Neuberger Berman Real Estate Securities Income Fund Trading Down 0.7 %
NYSEAMERICAN NRO traded down $0.03 during trading hours on Wednesday, hitting $4.10. The company’s stock had a trading volume of 110,153 shares, compared to its average volume of 165,142. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.51 and a 12 month 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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