Neuberger Berman Real Estate Sec Inc Fd (NRO) to Issue Monthly Dividend of $0.04

Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) declared a monthly dividend on Friday, November 2nd, Wall Street Journal reports. Stockholders of record on Thursday, November 15th will be given a dividend of 0.04 per share on Friday, November 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 10.55%. The ex-dividend date of this dividend is Wednesday, November 14th.

Neuberger Berman Real Estate Sec Inc Fd has raised its dividend by an average of 22.2% annually over the last three years.

Shares of NYSEAMERICAN NRO traded down $0.06 during midday trading on Friday, reaching $4.55. 672,695 shares of the stock traded hands, compared to its average volume of 230,147. Neuberger Berman Real Estate Sec Inc Fd has a one year low of $4.29 and a one year high of $5.59.

Neuberger Berman Real Estate Sec Inc Fd Company Profile

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.

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Dividend History for Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO)

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