Brookfield Real Assets Income Fund Inc. (NYSE:RA) Shareholders to Get $0.12 Monthly Dividend

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Friday, September 25th. Investors of record on Thursday, November 12th will be paid a dividend of $0.1180 per share on Friday, November 27th. This represents a $1.42 annualized dividend and a yield of 11.6%. The ex-dividend date is Thursday, November 12th.

Brookfield Real Assets Income Fund Stock Performance

Brookfield Real Assets Income Fund stock opened at $12.22 on Tuesday. Brookfield Real Assets Income Fund has a 1 year low of $11.41 and a 1 year high of $13.59. The business has a 50-day moving average of $11.86 and a 200-day moving average of $12.64.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Riverbridge Partners LLC increased its holdings in Brookfield Real Assets Income Fund by 10.2% in the 3rd quarter. Riverbridge Partners LLC now owns 266,541 shares of the company’s stock worth $3,079,000 after purchasing an additional 24,749 shares in the last quarter. Lido Advisors LLC lifted its stake in Brookfield Real Assets Income Fund by 88.4% during the 3rd quarter. Lido Advisors LLC now owns 100,593 shares of the company’s stock valued at $1,162,000 after acquiring an additional 47,190 shares in the last quarter. StoneX Group Inc. purchased a new stake in shares of Brookfield Real Assets Income Fund during the third quarter valued at approximately $243,000. Pekin Hardy Strauss Inc. grew its position in shares of Brookfield Real Assets Income Fund by 1.1% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 79,805 shares of the company’s stock valued at $922,000 after acquiring an additional 900 shares during the period. Finally, Kestra Advisory Services LLC boosted its position in Brookfield Real Assets Income Fund by 13.7% during the third quarter. Kestra Advisory Services LLC now owns 46,767 shares of the company’s stock worth $540,000 after purchasing an additional 5,623 shares during the period.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund (NYSE: RA) is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests in a diversified portfolio of securities connected to real assets, including real estate, infrastructure and natural resources.

Its investments may include debt and equity securities issued by companies and entities operating in real asset sectors, as well as preferred securities and other income-producing instruments.