Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) announced a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0312 per share on Friday, October 30th. This represents a $0.37 dividend on an annualized basis and a yield of 14.4%. The ex-dividend date of this dividend is Thursday, October 15th.
Neuberger Berman Real Estate Securities Income Fund Trading Down 0.4%
Shares of NYSEAMERICAN NRO opened at $2.60 on Thursday. The firm’s 50-day moving average price is $2.88 and its 200-day moving average price is $2.94. Neuberger Berman Real Estate Securities Income Fund has a 1-year low of $2.55 and a 1-year high of $3.28.
Neuberger Berman Real Estate Securities Income Fund Company Profile
Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end investment company managed by Neuberger Berman Investment Advisers LLC. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, through investments in real estate-related securities.
The fund invests primarily in publicly traded equity securities of real estate investment trusts (REITs) and other companies involved in the ownership, operation, development, financing or management of real estate.
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