Brookfield Real Assets Income Fund Inc. Plans Monthly Dividend of $0.12 (NYSE:RA)

Brookfield Real Assets Income Fund Inc. (NYSE:RA) announced a monthly dividend on Monday, September 30th, Zacks reports. Investors of record on Friday, October 11th will be given a dividend of 0.118 per share on Friday, October 25th. This represents a $1.42 annualized dividend and a yield of 10.36%. The ex-dividend date of this dividend is Friday, October 11th.

Brookfield Real Assets Income Fund Trading Down 0.3 %

Shares of Brookfield Real Assets Income Fund stock opened at $13.67 on Wednesday. The firm has a 50-day simple moving average of $13.26 and a two-hundred day simple moving average of $12.91. Brookfield Real Assets Income Fund has a fifty-two week low of $11.89 and a fifty-two week high of $13.77.

Insider Buying and Selling

In related news, Portfolio Manager Justin Charles Guichard purchased 7,364 shares of the firm’s stock in a transaction that occurred on Tuesday, September 17th. The shares were purchased at an average cost of $13.58 per share, with a total value of $100,003.12. Following the purchase, the portfolio manager now owns 7,364 shares of the company’s stock, valued at approximately $100,003.12. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.