Brookfield Real Assets Income Fund Inc. (RA) to Issue Monthly Dividend of $0.12 on October 25th

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Monday, September 30th, Zacks reports. Shareholders 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 dividend on an annualized basis and a yield of 10.40%. The ex-dividend date of this dividend 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 12-month low of $11.89 and a 12-month high of $13.77. The stock’s 50 day simple moving average is $13.33 and its 200 day simple moving average is $12.93.

Insider Buying and Selling at Brookfield Real Assets Income Fund

In other news, Portfolio Manager Justin Charles Guichard bought 7,364 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The shares were purchased at an average price of $13.58 per share, with a total value of $100,003.12. Following the completion of the acquisition, the portfolio manager now directly owns 7,364 shares in the company, valued at approximately $100,003.12. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

About Brookfield Real Assets Income Fund

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.