Cohen & Steers Real Estate Opportunities & Income Fund Declares Monthly Dividend of $0.11 (NYSE:RLTY)

by · The Cerbat Gem

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY – Get Free Report) declared a monthly dividend on Tuesday, September 22nd. Stockholders of record on Tuesday, November 10th will be given a dividend of 0.11 per share on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Tuesday, November 10th.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Down 0.4%

Shares of NYSE:RLTY traded down $0.06 during trading on Wednesday, reaching $14.62. 5,605 shares of the stock were exchanged, compared to its average volume of 59,080. Cohen & Steers Real Estate Opportunities & Income Fund has a 12-month low of $14.04 and a 12-month high of $16.41. The firm’s 50-day moving average price is $15.55 and its 200 day moving average price is $15.48.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of RLTY. Royal Bank of Canada raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% during the 1st quarter. Royal Bank of Canada now owns 170,368 shares of the company’s stock valued at $2,477,000 after buying an additional 20,480 shares during the period. World Investment Advisors lifted its position in Cohen & Steers Real Estate Opportunities & Income Fund by 107.1% during the 1st quarter. World Investment Advisors now owns 65,550 shares of the company’s stock worth $953,000 after acquiring an additional 33,900 shares in the last quarter. Closed End Fund Advisors Inc. purchased a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter worth approximately $923,000. Independent Financial Group LLC purchased a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter worth approximately $526,000. Finally, Fifth Third Bancorp purchased a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the first quarter valued at approximately $152,000.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

(Get Free Report)

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.

The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.

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