RMR Real Estate Income Fund Plans Quarterly Dividend of $0.33 (RIF)

RMR Real Estate Income Fund (NYSE:RIF) announced a quarterly dividend on Wednesday, December 14th. Shareholders of record on Thursday, December 22nd will be given a dividend of 0.33 per share on Friday, December 30th. This represents a $1.32 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date of this dividend is Tuesday, December 20th.

RMR Real Estate Income Fund (NYSE:RIF) traded down 0.7590% during mid-day trading on Wednesday, reaching $20.3444. 7,701 shares of the company’s stock were exchanged. The firm has a market cap of $155.66 million and a price-to-earnings ratio of 4.2077. The stock has a 50-day moving average of $19.70 and a 200-day moving average of $21.00. RMR Real Estate Income Fund has a 12 month low of $15.88 and a 12 month high of $22.76.

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RMR Real Estate Income Fund Company Profile

RMR Real Estate Income Fund (the Fund) is a non-diversified closed end management investment company. The Fund’s primary investment objective is to earn and pay a high level of current income to its common shareholders by investing in real estate companies, including real estate investment trusts (REITs).