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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) announced a monthly dividend on Monday, September 30th, Wall Street Journal reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.118 per share on Friday, October 25th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.39%. The ex-dividend date of this dividend is Friday, October 11th.

Brookfield Real Assets Income Fund Stock Down 0.1 %

Shares of Brookfield Real Assets Income Fund stock opened at $13.63 on Thursday. The company has a 50 day moving average price of $13.35 and a 200 day moving average price of $12.94. Brookfield Real Assets Income Fund has a 52 week low of $11.89 and a 52 week high of $13.77.

Insider Activity

In other news, Portfolio Manager Justin Charles Guichard bought 7,364 shares of the business’s stock in a transaction dated Tuesday, September 17th. The stock was purchased at an average cost of $13.58 per share, with a total value of $100,003.12. Following the acquisition, the portfolio manager now directly owns 7,364 shares in the company, valued at $100,003.12. The acquisition was disclosed in a legal filing with the SEC, which is accessible through 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.