Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) announced a monthly dividend on Tuesday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.0312 per share on Wednesday, April 30th. This represents a $0.37 annualized dividend and a dividend yield of 11.35%. The ex-dividend date of this dividend is Tuesday, April 15th.
Neuberger Berman Real Estate Securities Income Fund has raised its dividend by an average of 53.2% per year over the last three years.
Neuberger Berman Real Estate Securities Income Fund Stock Performance
NRO stock opened at $3.30 on Wednesday. Neuberger Berman Real Estate Securities Income Fund has a fifty-two week low of $2.99 and a fifty-two week 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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