Brookfield Real Assets Income Fund Inc. (NYSE:RA) Declares Monthly Dividend of $0.12

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Friday, June 26th. Stockholders of record on Thursday, August 6th will be paid a dividend of 0.118 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend is Thursday, August 6th.

Brookfield Real Assets Income Fund Price Performance

RA stock opened at $12.85 on Tuesday. Brookfield Real Assets Income Fund has a 52 week low of $12.50 and a 52 week high of $13.59. The company’s 50-day moving average price is $12.79 and its 200 day moving average price is $12.93.

Insider Activity

In other news, Director Heather S. Goldman sold 2,750 shares of Brookfield Real Assets Income Fund stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $12.72, for a total transaction of $34,980.00. Following the completion of the sale, the director directly owned 22 shares in the company, valued at approximately $279.84. This trade represents a 99.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Hedge Funds Weigh In On Brookfield Real Assets Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Closed End Fund Advisors Inc. acquired a new stake in Brookfield Real Assets Income Fund in the 4th quarter valued at about $1,463,000. Sit Investment Associates Inc. acquired a new position in Brookfield Real Assets Income Fund during the fourth quarter worth about $28,709,000. Stratos Wealth Partners LTD. lifted its holdings in shares of Brookfield Real Assets Income Fund by 203.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 66,227 shares of the company’s stock valued at $858,000 after purchasing an additional 44,404 shares in the last quarter. Rareview Capital LLC lifted its holdings in shares of Brookfield Real Assets Income Fund by 21.1% in the first quarter. Rareview Capital LLC now owns 253,193 shares of the company’s stock valued at $3,385,000 after purchasing an additional 44,116 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new stake in shares of Brookfield Real Assets Income Fund in the fourth quarter valued at approximately $562,000.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.