Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Plans $0.08 Monthly Dividend

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) declared a monthly dividend on Friday, December 20th,Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be paid a dividend of 0.08 per share by the real estate investment trust on Monday, March 31st. This represents a $0.96 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Quality Income Realty Fund has raised its dividend by an average of 33.9% annually over the last three years.

Cohen & Steers Quality Income Realty Fund Stock Up 2.3 %

NYSE:RQI opened at $12.18 on Friday. Cohen & Steers Quality Income Realty Fund has a twelve month low of $10.61 and a twelve month high of $14.41. The business has a 50 day moving average price of $13.42 and a two-hundred day moving average price of $12.95.

Insider Buying and Selling

In related news, Portfolio Manager Mathew Kirschner purchased 5,380 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The shares were acquired at an average price of $14.02 per share, for a total transaction of $75,427.60. Following the purchase, the portfolio manager now owns 5,380 shares in the company, valued at approximately $75,427.60. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Cohen & Steers Quality Income Realty Fund Company Profile

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.