Cohen & Steers Quality Income Realty Fund, Inc. (RQI) to Issue Monthly Dividend of $0.08 on September 30th

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) declared a monthly dividend on Monday, June 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 9th will be given a dividend of 0.08 per share by the real estate investment trust on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Tuesday, September 9th.

Cohen & Steers Quality Income Realty Fund Stock Performance

NYSE:RQI opened at $12.63 on Friday. The company’s 50-day moving average is $12.41 and its two-hundred day moving average is $12.35. Cohen & Steers Quality Income Realty Fund has a 12-month low of $10.39 and a 12-month high of $14.41.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RQI. Jane Street Group LLC purchased a new position in Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at about $205,000. Ameriprise Financial Inc. lifted its holdings in Cohen & Steers Quality Income Realty Fund by 0.7% in the 4th quarter. Ameriprise Financial Inc. now owns 820,872 shares of the real estate investment trust’s stock valued at $10,047,000 after purchasing an additional 5,593 shares in the last quarter. Bank of America Corp DE lifted its holdings in Cohen & Steers Quality Income Realty Fund by 3.6% in the 4th quarter. Bank of America Corp DE now owns 2,636,146 shares of the real estate investment trust’s stock valued at $32,266,000 after purchasing an additional 91,069 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 21.8% during the 4th quarter. Baird Financial Group Inc. now owns 55,545 shares of the real estate investment trust’s stock worth $680,000 after acquiring an additional 9,933 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 1.1% during the 4th quarter. Cetera Investment Advisers now owns 164,285 shares of the real estate investment trust’s stock worth $2,011,000 after acquiring an additional 1,834 shares during the period.

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.