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

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0312 per share on Friday, January 31st. This represents a $0.37 dividend on an annualized basis and a dividend yield of 10.61%. The ex-dividend date is Wednesday, January 15th.

Neuberger Berman Real Estate Securities Income Fund has decreased its dividend by an average of 8.0% annually over the last three years.

Neuberger Berman Real Estate Securities Income Fund Stock Down 0.6 %

NRO traded down $0.02 on Thursday, reaching $3.53. 200,397 shares of the company traded hands, compared to its average volume of 159,447. Neuberger Berman Real Estate Securities Income Fund has a 52-week low of $2.99 and a 52-week high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.