Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Declares Monthly Dividend of $0.08

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) announced a monthly dividend on Friday, December 20th,Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be paid a dividend of 0.08 per share by the real estate investment trust on Monday, March 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.88%. The ex-dividend date is Tuesday, March 11th.

Cohen & Steers Quality Income Realty Fund has raised its dividend payment by an average of 33.9% per year over the last three years.

Cohen & Steers Quality Income Realty Fund Trading Up 2.3 %

RQI opened at $12.18 on Friday. The firm has a fifty day moving average price of $13.39 and a 200 day moving average price of $12.95. Cohen & Steers Quality Income Realty Fund has a 1 year low of $10.61 and a 1 year high of $14.41.

Insider Buying and Selling

In related news, Portfolio Manager Mathew Kirschner purchased 5,380 shares of the business’s stock in a transaction that occurred on Wednesday, October 16th. The stock was bought at an average price of $14.02 per share, with a total value of $75,427.60. Following the acquisition, the portfolio manager now owns 5,380 shares in the company, valued at $75,427.60. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.