Cohen & Steers Quality Income Realty Fund, Inc. to Issue Monthly Dividend of $0.08 (NYSE:RQI)

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) declared a monthly dividend on Monday, March 25th, Wall Street Journal reports. Shareholders of record on Wednesday, May 15th will be given a dividend of 0.08 per share by the real estate investment trust on Friday, May 31st. This represents a $0.96 dividend on an annualized basis and a yield of 8.22%. The ex-dividend date is Tuesday, May 14th.

Cohen & Steers Quality Income Realty Fund Stock Up 0.3 %

RQI stock opened at $11.68 on Wednesday. Cohen & Steers Quality Income Realty Fund has a one year low of $9.17 and a one year high of $12.64. The firm’s 50 day moving average price is $11.78 and its 200-day moving average price is $11.20.

Institutional Trading of Cohen & Steers Quality Income Realty Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RQI. Mariner LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 60.0% in the fourth quarter. Mariner LLC now owns 434,273 shares of the real estate investment trust’s stock valued at $4,994,000 after buying an additional 162,814 shares in the last quarter. Morgan Stanley grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 3.5% during the third quarter. Morgan Stanley now owns 3,901,780 shares of the real estate investment trust’s stock worth $39,486,000 after purchasing an additional 131,936 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 4.6% during the first quarter. Bank of America Corp DE now owns 2,562,827 shares of the real estate investment trust’s stock worth $30,549,000 after purchasing an additional 111,684 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 61.2% during the first quarter. Stifel Financial Corp now owns 243,461 shares of the real estate investment trust’s stock worth $2,902,000 after purchasing an additional 92,401 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 59,664.3% during the first quarter. JPMorgan Chase & Co. now owns 92,037 shares of the real estate investment trust’s stock worth $1,097,000 after purchasing an additional 91,883 shares during the last quarter.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income 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.