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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) announced a monthly dividend on Friday, December 20th,Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be paid 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 dividend yield of 7.88%. The ex-dividend date of this dividend is Tuesday, March 11th.

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

Cohen & Steers Quality Income Realty Fund Price Performance

NYSE:RQI traded up $0.27 during trading hours on Friday, reaching $12.18. The company’s stock had a trading volume of 445,563 shares, compared to its average volume of 371,568. The firm has a 50-day simple moving average of $13.42 and a 200-day simple moving average of $12.95. Cohen & Steers Quality Income Realty Fund has a 1 year low of $10.61 and a 1 year high of $14.41.

Insider Transactions at Cohen & Steers Quality Income Realty Fund

In other news, Portfolio Manager Mathew Kirschner bought 5,380 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were purchased at an average price of $14.02 per share, for a total transaction of $75,427.60. Following the completion of the acquisition, the portfolio manager now 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 SEC, which is available at this hyperlink.

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.