Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) to Issue $0.08 Monthly Dividend

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) announced a monthly dividend on Tuesday, December 16th. Stockholders of record on Tuesday, March 10th will be given a dividend of 0.08 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Tuesday, March 10th.

Cohen & Steers Total Return Realty Fund Trading Up 0.6%

Shares of RFI stock traded up $0.06 on Wednesday, reaching $10.96. 65,353 shares of the stock were exchanged, compared to its average volume of 72,051. Cohen & Steers Total Return Realty Fund has a one year low of $10.43 and a one year high of $12.52. The stock has a 50 day moving average price of $11.45 and a 200 day moving average price of $11.79.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its stake in shares of Cohen & Steers Total Return Realty Fund by 15.4% in the 3rd quarter. NewEdge Advisors LLC now owns 16,598 shares of the real estate investment trust’s stock valued at $201,000 after purchasing an additional 2,211 shares during the last quarter. Bank of America Corp DE lifted its holdings in Cohen & Steers Total Return Realty Fund by 17.0% in the third quarter. Bank of America Corp DE now owns 63,287 shares of the real estate investment trust’s stock valued at $766,000 after buying an additional 9,194 shares during the period. Ameriprise Financial Inc. boosted its stake in Cohen & Steers Total Return Realty Fund by 2.8% in the third quarter. Ameriprise Financial Inc. now owns 108,927 shares of the real estate investment trust’s stock valued at $1,320,000 after acquiring an additional 3,016 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Cohen & Steers Total Return Realty Fund by 7.3% in the third quarter. Raymond James Financial Inc. now owns 82,713 shares of the real estate investment trust’s stock valued at $1,001,000 after acquiring an additional 5,656 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in Cohen & Steers Total Return Realty Fund by 106.7% during the 3rd quarter. Private Advisor Group LLC now owns 67,341 shares of the real estate investment trust’s stock worth $815,000 after acquiring an additional 34,767 shares during the period. 20.42% of the stock is currently owned by institutional investors and hedge funds.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return 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.