240,160 Shares in Cohen & Steers Quality Income Realty Fund, Inc. $RQI Bought by Punch & Associates Investment Management Inc.

Punch & Associates Investment Management Inc. bought a new position in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 240,160 shares of the real estate investment trust’s stock, valued at approximately $18,286,000.

A number of other hedge funds also recently added to or reduced their stakes in RQI. Wolverine Asset Management LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at approximately $3,208,000. Mission Hills Financial Advisory LLC boosted its position in Cohen & Steers Quality Income Realty Fund by 6.4% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock worth $11,514,000 after acquiring an additional 60,528 shares during the period. Bank of America Corp DE boosted its position in Cohen & Steers Quality Income Realty Fund by 8.6% during the 1st quarter. Bank of America Corp DE now owns 2,780,381 shares of the real estate investment trust’s stock worth $33,504,000 after acquiring an additional 219,521 shares during the period. Stephens Inc. AR bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the first quarter worth $533,000. Finally, Independent Financial Group LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the first quarter worth $3,342,000.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of RQI opened at $12.43 on Thursday. Cohen & Steers Quality Income Realty Fund, Inc. has a one year low of $11.30 and a one year high of $13.57. The stock’s fifty day moving average is $12.41 and its 200-day moving average is $12.73.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a yield of 8.7%.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.