Neuberger Berman Real Estate Sec Inc Fd (NRO) Plans $0.05 Monthly Dividend
Neuberger Berman Real Estate Sec Inc Fd (NYSEMKT:NRO) declared a monthly dividend on Friday, September 1st, Wall Street Journal reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.045 per share on Friday, September 29th. This represents a $0.54 dividend on an annualized basis and a yield of 9.76%. The ex-dividend date of this dividend is Thursday, September 14th.
Neuberger Berman Real Estate Sec Inc Fd (NYSEMKT NRO) opened at 5.53 on Friday. Neuberger Berman Real Estate Sec Inc Fd has a 12-month low of $4.96 and a 12-month high of $5.92. The firm’s 50-day moving average price is $5.47 and its 200-day moving average price is $5.37.
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Neuberger Berman Real Estate Sec Inc Fd Company Profile
Neuberger Berman Real Estate Securities Income Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to provide high current income with capital appreciation as a secondary objective. It has a portfolio with a mix of equity securities of real estate investment trusts (REITs) and other real estate companies.
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