Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Investors of record on Thursday, February 6th will be paid a dividend of 0.0312 per share on Friday, February 28th. This represents a $0.37 dividend on an annualized basis and a yield of 10.70%. The ex-dividend date of this dividend is Thursday, February 6th.
Neuberger Berman Real Estate Securities Income Fund has raised its dividend payment by an average of 58.7% per year over the last three years.
Neuberger Berman Real Estate Securities Income Fund Stock Performance
Shares of NYSEAMERICAN NRO opened at $3.50 on Wednesday. Neuberger Berman Real Estate Securities Income Fund has a 1 year low of $2.99 and a 1 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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