Neuberger Berman Real Estate Securities Income Fund Inc. Declares Monthly Dividend of $0.03 (NYSEAMERICAN:NRO)

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) declared a monthly dividend on Friday, February 27th. Investors of record on Monday, March 16th will be paid a dividend of 0.0312 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 12.7%. The ex-dividend date is Monday, March 16th.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NRO opened at $2.95 on Friday. The stock’s 50-day moving average price is $3.03 and its 200 day moving average price is $3.10. Neuberger Berman Real Estate Securities Income Fund has a 12-month low of $2.75 and a 12-month high of $3.37.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter valued at $33,000. XTX Topco Ltd acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the second quarter worth $34,000. Virtu Financial LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth $32,000. Mercer Global Advisors Inc. ADV bought a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $48,000. Finally, Integrity Advisory Solutions LLC bought a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $53,000.

About Neuberger Berman Real Estate Securities Income Fund

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.