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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) announced a monthly dividend on Monday, December 23rd,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 7.78%. The ex-dividend date of this dividend is Tuesday, March 11th.

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

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of RQI stock opened at $12.34 on Wednesday. Cohen & Steers Quality Income Realty Fund has a 12-month low of $10.61 and a 12-month high of $14.41. The firm has a fifty day moving average of $13.33 and a 200-day moving average of $12.98.

Insider Activity

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

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.