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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Monday, September 30th, Wall Street Journal reports. Stockholders of record on Friday, October 11th will be paid a dividend of 0.118 per share on Friday, October 25th. This represents a $1.42 annualized dividend and a dividend yield of 10.40%. The ex-dividend date is Friday, October 11th.

Brookfield Real Assets Income Fund Price Performance

Shares of NYSE:RA opened at $13.62 on Wednesday. Brookfield Real Assets Income Fund has a 1 year low of $11.89 and a 1 year high of $13.77. The company’s 50 day simple moving average is $13.33 and its 200 day simple moving average is $12.93.

Insider Activity

In other Brookfield Real Assets Income Fund news, Portfolio Manager Justin Charles Guichard bought 7,364 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The shares were acquired at an average cost of $13.58 per share, for a total transaction of $100,003.12. Following the transaction, the portfolio manager now directly owns 7,364 shares in the company, valued at approximately $100,003.12. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Brookfield Real Assets Income Fund Company Profile

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.