Neuberger Berman Real Estate Securities Income Fund Inc. (NRO) to Issue Monthly Dividend of $0.03 on September 30th

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.0312 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 13.3%. The ex-dividend date is Tuesday, September 15th.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NYSEAMERICAN NRO opened at $2.81 on Friday. The firm’s 50-day moving average price is $2.98 and its 200-day moving average price is $2.98. Neuberger Berman Real Estate Securities Income Fund has a 12-month low of $2.74 and a 12-month 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.