Neuberger Berman Real Estate Securities Income Fund Inc. (NRO) To Go Ex-Dividend on March 16th

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

Neuberger Berman Real Estate Securities Income Fund Stock Performance

NRO stock remained flat at $2.95 during midday trading on Friday. The company’s stock had a trading volume of 122,679 shares, compared to its average volume of 312,891. The stock’s 50 day moving average is $3.03 and its two-hundred day moving average is $3.10. Neuberger Berman Real Estate Securities Income Fund has a 52-week low of $2.75 and a 52-week high of $3.37.

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.