Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Plans Monthly Dividend of $0.09

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) declared a monthly dividend on Monday, June 8th. Shareholders of record on Tuesday, September 8th will be given a dividend of 0.09 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers Quality Income Realty Fund Stock Performance

NYSE:RQI opened at $13.27 on Tuesday. Cohen & Steers Quality Income Realty Fund has a 12 month low of $11.30 and a 12 month high of $13.57. The company’s 50-day moving average price is $13.01 and its two-hundred day moving average price is $12.46.

Hedge Funds Weigh In On Cohen & Steers Quality Income Realty Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in Cohen & Steers Quality Income Realty Fund by 8.6% in the first quarter. Bank of America Corp DE now owns 2,780,381 shares of the real estate investment trust’s stock valued at $33,504,000 after buying an additional 219,521 shares in the last quarter. Matrix Private Capital Group LLC acquired a new position in Cohen & Steers Quality Income Realty Fund in the first quarter valued at about $3,708,000. Waverly Advisors LLC acquired a new position in Cohen & Steers Quality Income Realty Fund in the first quarter valued at about $895,000. First Trust Advisors LP boosted its position in Cohen & Steers Quality Income Realty Fund by 3.3% in the first quarter. First Trust Advisors LP now owns 88,275 shares of the real estate investment trust’s stock valued at $1,064,000 after buying an additional 2,786 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new position in Cohen & Steers Quality Income Realty Fund in the first quarter valued at about $107,000.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.