Neuberger Berman Real Estate Sec Inc Fd Declares Monthly Dividend of $0.04 (NYSEAMERICAN:NRO)

Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.04 per share on Tuesday, December 31st. This represents a $0.48 annualized dividend and a dividend yield of 8.44%. The ex-dividend date of this dividend is Friday, December 13th.

Shares of NYSEAMERICAN NRO traded up $0.01 during trading hours on Wednesday, hitting $5.69. The stock had a trading volume of 3,243 shares, compared to its average volume of 211,730. Neuberger Berman Real Estate Sec Inc Fd has a 52 week low of $3.85 and a 52 week high of $5.80.

About Neuberger Berman Real Estate Sec Inc Fd

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.

Further Reading: Can individual investors take part in an IPO?

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

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