Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) saw strong trading volume on Monday after the company announced a dividend. 351,988 shares were traded during trading, an increase of 274% from the previous session’s volume of 94,139 shares.The stock last traded at $24.26 and had previously closed at $24.22.

The newly announced dividend which will be paid on Thursday, August 24th. Shareholders of record on Thursday, August 17th will be issued a dividend of $0.199 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $2.39 dividend on an annualized basis and a dividend yield of 10.13%.

The firm has a 50-day moving average price of $23.66 and a 200-day moving average price of $23.33.

In other Brookfield Real Assets Income Fund news, insider Brookfield Investment Manageme acquired 4,420 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The shares were bought at an average cost of $23.72 per share, with a total value of $104,842.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders have purchased 5,935 shares of company stock worth $140,788.

A number of institutional investors have recently added to or reduced their stakes in RA. UBS Group AG raised its position in Brookfield Real Assets Income Fund by 46.3% in the first quarter. UBS Group AG now owns 1,114,874 shares of the company’s stock valued at $25,397,000 after buying an additional 352,735 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in Brookfield Real Assets Income Fund during the first quarter valued at about $600,000. Aviance Capital Partners LLC raised its position in Brookfield Real Assets Income Fund by 7.2% in the first quarter. Aviance Capital Partners LLC now owns 36,609 shares of the company’s stock valued at $834,000 after buying an additional 2,458 shares in the last quarter. Weiss Asset Management LP purchased a new position in Brookfield Real Assets Income Fund during the first quarter valued at about $262,000. Finally, Partnervest Advisory Services LLC purchased a new position in Brookfield Real Assets Income Fund during the first quarter valued at about $491,000.

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Brookfield Real Assets Income Fund Company Profile

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