Cohen & Steers Real Estate Opportunities & Income Fund Declares Monthly Dividend of $0.11 (NYSE:RLTY)

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) announced a monthly dividend on Monday, March 31st, Wall Street Journal reports. Investors of record on Tuesday, June 10th will be paid a dividend of 0.11 per share on Monday, June 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.72%. The ex-dividend date of this dividend is Tuesday, June 10th.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

Shares of NYSE RLTY opened at $15.15 on Friday. Cohen & Steers Real Estate Opportunities & Income Fund has a 1-year low of $12.90 and a 1-year high of $17.77. The business has a fifty day moving average price of $14.71 and a 200 day moving average price of $15.19.

Institutional Investors Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RLTY. Royal Bank of Canada raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 21.4% in the first quarter. Royal Bank of Canada now owns 131,882 shares of the company’s stock valued at $2,023,000 after buying an additional 23,253 shares during the last quarter. Jane Street Group LLC purchased a new stake in Cohen & Steers Real Estate Opportunities & Income Fund in the first quarter valued at about $179,000. Finally, Geneos Wealth Management Inc. raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% in the first quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock valued at $54,000 after buying an additional 3,005 shares during the last quarter.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

Cohen & Steers Real Estate Opportunities & Income Fund is an open end balanced mutual fund launched and managed by Cohen & Steers Capital Management, Inc It invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests directly and through derivatives in stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts (reits) and real estate sectors.