Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0312 per share on Friday, January 31st. This represents a $0.37 dividend on an annualized basis and a dividend yield of 10.61%. The ex-dividend date is Wednesday, January 15th.
Neuberger Berman Real Estate Securities Income Fund has decreased its dividend payment by an average of 8.0% per year over the last three years.
Neuberger Berman Real Estate Securities Income Fund Stock Down 0.6 %
NRO stock opened at $3.53 on Friday. Neuberger Berman Real Estate Securities Income Fund has a one year low of $2.99 and a one year high of $4.15.
About Neuberger Berman Real Estate Securities Income Fund
Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.
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