Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) to Issue $0.08 Monthly Dividend

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) announced a monthly dividend on Tuesday, September 22nd. Stockholders of record on Tuesday, October 13th will be given a dividend of 0.08 per share by the real estate investment trust on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Tuesday, October 13th.

Cohen & Steers Total Return Realty Fund Trading Down 0.7%

NYSE RFI opened at $10.74 on Wednesday. The firm’s 50 day moving average price is $11.34 and its 200-day moving average price is $11.34. Cohen & Steers Total Return Realty Fund has a 52-week low of $10.78 and a 52-week high of $12.17.

Institutional Trading of Cohen & Steers Total Return Realty Fund

Several hedge funds and other institutional investors have recently bought and sold shares of RFI. Readystate Asset Management LP grew its position in Cohen & Steers Total Return Realty Fund by 86.6% during the 2nd quarter. Readystate Asset Management LP now owns 43,625 shares of the real estate investment trust’s stock worth $494,000 after purchasing an additional 20,241 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 101.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 20,806 shares of the real estate investment trust’s stock worth $236,000 after buying an additional 10,466 shares during the period. RB Capital Management LLC acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the second quarter worth $205,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Cohen & Steers Total Return Realty Fund during the second quarter valued at $376,000. Finally, Gridiron Partners LLC acquired a new position in shares of Cohen & Steers Total Return Realty Fund in the 2nd quarter valued at $1,698,000. Institutional investors own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc (NYSE: RFI) is a closed-end management investment company advised by Cohen & Steers Capital Management, a firm specializing in real assets and income-oriented investments. The fund seeks to provide a high level of current income while also pursuing capital appreciation over the long term.

The fund invests primarily in real estate-related securities, including equity securities of real estate investment trusts (REITs) and other real estate companies.