Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) Announces $0.08 Monthly Dividend

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) declared a monthly dividend on Monday, December 23rd,Wall Street Journal reports. Shareholders of record on Tuesday, March 11th will be given a dividend of 0.08 per share by the real estate investment trust on Monday, March 31st. This represents a $0.96 annualized dividend and a dividend yield of 7.88%. The ex-dividend date is Tuesday, March 11th.

Cohen & Steers Quality Income Realty Fund has raised its dividend by an average of 33.9% annually over the last three years.

Cohen & Steers Quality Income Realty Fund Trading Up 2.3 %

NYSE:RQI opened at $12.18 on Monday. The stock has a fifty day simple moving average of $13.39 and a 200 day simple moving average of $12.97. Cohen & Steers Quality Income Realty Fund has a 1-year low of $10.61 and a 1-year high of $14.41.

Insider Buying and Selling

In other Cohen & Steers Quality Income Realty Fund news, Portfolio Manager Mathew Kirschner purchased 5,380 shares of the company’s stock in a transaction dated Wednesday, October 16th. The shares were bought at an average price of $14.02 per share, for a total transaction of $75,427.60. Following the purchase, the portfolio manager now directly owns 5,380 shares in the company, valued at $75,427.60. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

About Cohen & Steers Quality Income Realty Fund

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.