Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) announced a monthly dividend on Thursday, March 1st, Wall Street Journal reports. Shareholders of record on Thursday, March 15th will be paid a dividend of 0.045 per share on Thursday, March 29th. This represents a $0.54 dividend on an annualized basis and a yield of 11.32%. The ex-dividend date of this dividend is Wednesday, March 14th.
Shares of NYSEAMERICAN NRO traded up $0.06 during midday trading on Wednesday, reaching $4.77. 188,100 shares of the stock traded hands, compared to its average volume of 316,010. Neuberger Berman Real Estate Sec Inc Fd has a one year low of $4.29 and a one year high of $5.70.
Neuberger Berman Real Estate Sec Inc Fd Company Profile
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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