Brookfield Real Assets Income Fund Inc. (NYSE:RA) Declares Monthly Dividend of $0.12

Brookfield Real Assets Income Fund Inc. (NYSE:RAGet Free Report) announced a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Investors of record on Wednesday, May 8th will be given a dividend of 0.118 per share on Thursday, May 23rd. This represents a $1.42 dividend on an annualized basis and a yield of 10.99%. The ex-dividend date is Tuesday, May 7th.

Brookfield Real Assets Income Fund has decreased its dividend payment by an average of 3.5% per year over the last three years.

Brookfield Real Assets Income Fund Price Performance

Shares of NYSE:RA opened at $12.89 on Wednesday. The firm has a fifty day simple moving average of $12.94 and a two-hundred day simple moving average of $12.66. Brookfield Real Assets Income Fund has a 52 week low of $11.89 and a 52 week high of $17.32.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Several large investors have recently added to or reduced their stakes in the stock. Money Concepts Capital Corp bought a new stake in Brookfield Real Assets Income Fund in the fourth quarter worth $51,000. Comerica Bank purchased a new position in shares of Brookfield Real Assets Income Fund during the 3rd quarter worth about $42,000. Tower Research Capital LLC TRC boosted its stake in shares of Brookfield Real Assets Income Fund by 359,400.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 3,595 shares of the company’s stock worth $59,000 after purchasing an additional 3,594 shares during the period. Rockefeller Capital Management L.P. bought a new position in Brookfield Real Assets Income Fund during the 2nd quarter valued at about $142,000. Finally, Mariner LLC purchased a new stake in Brookfield Real Assets Income Fund in the 3rd quarter worth about $135,000.

Brookfield Real Assets Income Fund Company Profile

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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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