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

Brookfield Real Assets Income Fund Inc. (NYSE:RAGet Free Report) announced a monthly dividend on Wednesday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, June 11th will be paid a dividend of 0.118 per share on Tuesday, June 25th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.97%. The ex-dividend date of this dividend is Tuesday, June 11th.

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

NYSE RA opened at $12.91 on Thursday. The business has a 50 day simple moving average of $12.94 and a 200 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 Trading of Brookfield Real Assets Income Fund

A number of large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its stake in Brookfield Real Assets Income Fund by 4.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 14,760 shares of the company’s stock worth $243,000 after purchasing an additional 615 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Brookfield Real Assets Income Fund by 1.8% during the 4th quarter. Wells Fargo & Company MN now owns 36,744 shares of the company’s stock worth $593,000 after acquiring an additional 660 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Brookfield Real Assets Income Fund by 2.6% during the 1st quarter. NewEdge Advisors LLC now owns 34,492 shares of the company’s stock worth $588,000 after acquiring an additional 878 shares in the last quarter. Centaurus Financial Inc. grew its stake in shares of Brookfield Real Assets Income Fund by 0.3% during the 1st quarter. Centaurus Financial Inc. now owns 257,982 shares of the company’s stock worth $5,351,000 after acquiring an additional 887 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Brookfield Real Assets Income Fund by 1.2% during the 3rd quarter. UBS Group AG now owns 95,982 shares of the company’s stock worth $1,176,000 after acquiring an additional 1,121 shares in the last quarter.

Brookfield Real Assets Income Fund Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Brookfield Real Assets Income Fund (NYSE:RA)

Receive News & Ratings for Brookfield Real Assets Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Real Assets Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.