Brookfield Real Assets Income Fund Inc. (NYSE:RA) to Issue Monthly Dividend of $0.20

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Wednesday, January 12th, Wall Street Journal reports. Investors of record on Wednesday, March 16th will be paid a dividend of 0.199 per share on Thursday, March 24th. This represents a $2.39 dividend on an annualized basis and a yield of 10.99%. The ex-dividend date is Tuesday, March 15th.

NYSE RA traded up $0.01 during trading on Wednesday, reaching $21.73. The company’s stock had a trading volume of 6,124 shares, compared to its average volume of 242,417. The stock has a 50-day simple moving average of $21.41. Brookfield Real Assets Income Fund has a 1-year low of $18.01 and a 1-year high of $22.70.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Millennium Management LLC acquired a new stake in shares of Brookfield Real Assets Income Fund in the second quarter worth $293,000. UBS Group AG raised its stake in Brookfield Real Assets Income Fund by 7.4% during the 3rd quarter. UBS Group AG now owns 134,922 shares of the company’s stock valued at $2,821,000 after purchasing an additional 9,285 shares during the last quarter. Finally, Morgan Stanley raised its stake in Brookfield Real Assets Income Fund by 69.7% during the 2nd quarter. Morgan Stanley now owns 1,429,638 shares of the company’s stock valued at $31,310,000 after purchasing an additional 586,991 shares during the last quarter.

About Brookfield Real Assets Income Fund

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.

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Dividend History for Brookfield Real Assets Income Fund (NYSE:RA)

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