RMR Real Estate Income Fund Plans Quarterly Dividend of $0.33 (RIF)
RMR Real Estate Income Fund (NYSEAMERICAN:RIF) declared a quarterly dividend on Tuesday, December 12th, Wall Street Journal reports. Investors of record on Thursday, December 21st will be paid a dividend of 0.33 per share on Friday, December 29th. This represents a $1.32 dividend on an annualized basis and a yield of 6.79%. The ex-dividend date of this dividend is Wednesday, December 20th.
Shares of RMR Real Estate Income Fund (NYSEAMERICAN RIF) traded up $0.03 during trading on Tuesday, reaching $19.43. 26,900 shares of the company were exchanged, compared to its average volume of 39,637. RMR Real Estate Income Fund has a 52 week low of $19.20 and a 52 week high of $22.25.
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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. The Fund’s secondary investment objective is capital appreciation. It pursues its investment objectives by investing in securities issued by real estate companies, including real estate investment trusts (REITs).
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