Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Declares Monthly Dividend of $0.03

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Saturday, October 2nd, investing.com reports. Stockholders of record on Friday, October 15th will be given a dividend of 0.0312 per share on Friday, October 29th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 7.64%. The ex-dividend date is Thursday, October 14th.

Neuberger Berman Real Estate Securities Income Fund has decreased its dividend payment by 6.8% over the last three years.

Shares of NRO opened at $4.90 on Wednesday. Neuberger Berman Real Estate Securities Income Fund has a 1-year low of $3.56 and a 1-year high of $5.28.

A hedge fund recently raised its stake in Neuberger Berman Real Estate Securities Income Fund stock. Morgan Stanley lifted its holdings in shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) by 20.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 723,125 shares of the company’s stock after acquiring an additional 122,677 shares during the quarter. Morgan Stanley’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $3,638,000 as of its most recent filing with the Securities and Exchange Commission.

About Neuberger Berman Real Estate Securities Income Fund

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 Securities Income Fund (NYSEAMERICAN:NRO)

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