Cohen & Steers Quality Income Realty Fund, Inc. to Issue Monthly Dividend of $0.08 (NYSE:RQI)

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) declared a monthly dividend on Monday, December 23rd,Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be given a dividend of 0.08 per share by the real estate investment trust on Monday, March 31st. This represents a $0.96 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Quality Income Realty Fund has raised its dividend payment by an average of 33.9% annually over the last three years.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of NYSE:RQI opened at $12.18 on Monday. Cohen & Steers Quality Income Realty Fund has a twelve month low of $10.61 and a twelve month high of $14.41. The business has a 50 day moving average price of $13.39 and a 200 day moving average price of $12.97.

Insider Transactions at Cohen & Steers Quality Income Realty Fund

In other Cohen & Steers Quality Income Realty Fund news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the stock in a transaction dated Wednesday, October 16th. The stock was bought at an average cost of $14.02 per share, for a total transaction of $75,427.60. Following the completion of the purchase, the portfolio manager now owns 5,380 shares in the company, valued at $75,427.60. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Cohen & Steers Quality Income Realty Fund Company Profile

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.