Cohen & Steers Closed-End Opportunity Fund, Inc. to Issue Monthly Dividend of $0.09 (NYSE:FOF)

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) announced a monthly dividend on Tuesday, March 26th, Wall Street Journal reports. Shareholders of record on Tuesday, June 11th will be given a dividend of 0.087 per share on Friday, June 28th. This represents a $1.04 dividend on an annualized basis and a yield of 9.01%. The ex-dividend date of this dividend is Tuesday, June 11th.

Cohen & Steers Closed-End Opportunity Fund Trading Up 0.7 %

FOF opened at $11.59 on Wednesday. Cohen & Steers Closed-End Opportunity Fund has a 12-month low of $9.59 and a 12-month high of $11.75. The stock has a 50-day moving average price of $11.34 and a 200-day moving average price of $10.93.

Insider Buying and Selling at Cohen & Steers Closed-End Opportunity Fund

In other Cohen & Steers Closed-End Opportunity Fund news, Portfolio Manager Jeffrey Palma acquired 4,500 shares of the business’s stock in a transaction dated Tuesday, February 27th. The stock was bought at an average price of $11.11 per share, with a total value of $49,995.00. Following the purchase, the portfolio manager now owns 9,046 shares of the company’s stock, valued at $100,501.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Investors Weigh In On Cohen & Steers Closed-End Opportunity Fund

Institutional investors have recently bought and sold shares of the stock. UBS Group AG lifted its position in Cohen & Steers Closed-End Opportunity Fund by 51.2% in the first quarter. UBS Group AG now owns 228,644 shares of the company’s stock valued at $2,954,000 after purchasing an additional 77,378 shares during the last quarter. Silverlake Wealth Management LLC bought a new stake in Cohen & Steers Closed-End Opportunity Fund in the 4th quarter worth $496,000. LPL Financial LLC raised its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 9.1% during the second quarter. LPL Financial LLC now owns 512,234 shares of the company’s stock valued at $5,471,000 after acquiring an additional 42,691 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 11.5% during the first quarter. Bank of America Corp DE now owns 314,628 shares of the company’s stock worth $3,448,000 after purchasing an additional 32,574 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 19.6% in the third quarter. Royal Bank of Canada now owns 187,523 shares of the company’s stock worth $1,823,000 after purchasing an additional 30,794 shares during the last quarter.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.