Brookfield Real Assets Income Fund Inc. (NYSE:RA) Shareholders Set to Receive $0.12 Monthly Dividend

by · The Markets Daily

Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Free Report) declared a monthly dividend on Friday, September 25th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.1180 per share on Friday, November 27th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date of this dividend is Thursday, November 12th.

Brookfield Real Assets Income Fund Stock Performance

RA stock opened at $12.22 on Tuesday. The firm’s 50-day moving average price is $11.86 and its two-hundred day moving average price is $12.64. Brookfield Real Assets Income Fund has a 12-month low of $11.41 and a 12-month high of $13.59.

Institutional Trading of Brookfield Real Assets Income Fund

Large investors have recently modified their holdings of the business. Bank of America Corp DE raised its position in Brookfield Real Assets Income Fund by 2.5% during the 1st quarter. Bank of America Corp DE now owns 423,193 shares of the company’s stock valued at $5,442,000 after purchasing an additional 10,307 shares during the last quarter. Rareview Capital LLC lifted its holdings in Brookfield Real Assets Income Fund by 9.7% in the 2nd quarter. Rareview Capital LLC now owns 277,726 shares of the company’s stock worth $3,713,000 after buying an additional 24,533 shares during the period. Riverbridge Partners LLC lifted its holdings in Brookfield Real Assets Income Fund by 10.2% in the 3rd quarter. Riverbridge Partners LLC now owns 266,541 shares of the company’s stock worth $3,079,000 after buying an additional 24,749 shares during the period. City of London Investment Management Co. Ltd. grew its position in shares of Brookfield Real Assets Income Fund by 88.2% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 256,397 shares of the company’s stock worth $2,961,000 after buying an additional 120,155 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of Brookfield Real Assets Income Fund by 12.0% in the 1st quarter. First Trust Advisors LP now owns 181,293 shares of the company’s stock worth $2,331,000 after buying an additional 19,365 shares during the last quarter.

About Brookfield Real Assets Income Fund

(Get Free Report)

Brookfield Real Assets Income Fund (NYSE: RA) is a closed-end investment fund that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund invests in a diversified portfolio of securities connected to real assets, including real estate, infrastructure and natural resources.

Its investments may include debt and equity securities issued by companies and entities operating in real asset sectors, as well as preferred securities and other income-producing instruments.

Featured Articles