Neuberger Berman Real Estate Securities Income Fund Inc. (NRO) to Issue Monthly Dividend of $0.03 on June 30th

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Friday, May 29th. Investors of record on Monday, June 15th will be paid a dividend of 0.0312 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date is Monday, June 15th.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NYSEAMERICAN NRO remained flat at $2.99 during trading hours on Friday. The company had a trading volume of 199,826 shares, compared to its average volume of 276,658. The company has a 50-day moving average price of $2.99 and a two-hundred day moving average price of $2.99. Neuberger Berman Real Estate Securities Income Fund has a 12-month low of $2.74 and a 12-month high of $3.37.

Neuberger Berman Real Estate Securities Income Fund Company Profile

Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end management investment company organized as a Massachusetts business trust. Listed on the NYSE American exchange, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through an actively managed portfolio of real estate securities. Its structure allows investors to access a diversified pool of real estate assets within a single investment vehicle.

The fund’s primary investment focus is on equity real estate investment trusts (REITs), real estate operating companies and other real estate–related securities.