Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Free Report) announced a monthly dividend on Wednesday, May 1st, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.0312 per share on Friday, May 31st. This represents a $0.37 annualized dividend and a dividend yield of 11.96%. The ex-dividend date of this dividend is Tuesday, May 14th.
Neuberger Berman Real Estate Securities Income Fund has decreased its dividend payment by an average of 8.0% per year over the last three years.
Neuberger Berman Real Estate Securities Income Fund Trading Up 0.3 %
Neuberger Berman Real Estate Securities Income Fund stock opened at $3.13 on Thursday. Neuberger Berman Real Estate Securities Income Fund has a twelve month low of $2.51 and a twelve month high of $3.45.
About Neuberger Berman Real Estate Securities Income Fund
Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.
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