Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY – Get Free Report) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, December 8th will be paid a dividend of 0.11 per share on Thursday, December 31st. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date is Tuesday, December 8th.
Cohen & Steers Real Estate Opportunities & Income Fund Stock Down 0.4%
Cohen & Steers Real Estate Opportunities & Income Fund stock traded down $0.06 during trading hours on Wednesday, reaching $14.62. 5,605 shares of the stock were exchanged, compared to its average volume of 59,080. Cohen & Steers Real Estate Opportunities & Income Fund has a 52-week low of $14.04 and a 52-week high of $16.41. The firm’s 50 day moving average is $15.55 and its 200 day moving average is $15.48.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in Cohen & Steers Real Estate Opportunities & Income Fund by 16.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,943 shares of the company’s stock valued at $125,000 after purchasing an additional 1,115 shares during the period. Fifth Third Bancorp purchased a new stake in Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter valued at approximately $152,000. World Investment Advisors acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter worth approximately $465,000. Independent Financial Group LLC acquired a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter worth approximately $526,000. Finally, Closed End Fund Advisors Inc. purchased a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter worth approximately $923,000.
About Cohen & Steers Real Estate Opportunities & Income Fund
Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.
The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.
Recommended Stories
- Five stocks we like better than Cohen & Steers Real Estate Opportunities & Income Fund
- These 4 Companies Are Monetizing AI Today
- Quantum and Rare Earths? Implications of the Pasqal/USAR Partnership
- Lockheed’s Stock Hasn’t Priced In Its Own Backlog—Boeing’s Might Already Have
- Eli Lilly Keeps Pulling Ahead—Can Novo Nordisk Catch Up?
Receive News & Ratings for Cohen & Steers Real Estate Opportunities & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers Real Estate Opportunities & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
