Cohen & Steers Quality Income Realty Inc (NYSE:RQI) announced a monthly dividend on Monday, June 29th, Wall Street Journal reports. Shareholders of record on Wednesday, August 19th will be paid a dividend of 0.08 per share by the real estate investment trust on Monday, August 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.98%. The ex-dividend date of this dividend is Tuesday, August 18th.
RQI stock traded up $0.34 during midday trading on Monday, hitting $10.69. 740,272 shares of the company traded hands, compared to its average volume of 960,646. Cohen & Steers Quality Income Realty has a twelve month low of $5.80 and a twelve month high of $16.05. The business has a 50 day simple moving average of $10.40 and a 200-day simple moving average of $11.89.
About Cohen & Steers Quality Income Realty
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.
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