Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Free Report) declared a monthly dividend on Monday, September 30th, Zacks reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.118 per share on Friday, October 25th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.39%. The ex-dividend date is Friday, October 11th.
Brookfield Real Assets Income Fund Price Performance
RA stock opened at $13.63 on Thursday. The company’s 50-day moving average price is $13.35 and its 200 day moving average price is $12.94. Brookfield Real Assets Income Fund has a 52 week low of $11.89 and a 52 week high of $13.77.
Insider Activity at Brookfield Real Assets Income Fund
In other news, Portfolio Manager Justin Charles Guichard purchased 7,364 shares of the company’s stock in a transaction dated Tuesday, September 17th. The stock was acquired at an average price of $13.58 per share, for a total transaction of $100,003.12. Following the completion of the transaction, the portfolio manager now directly owns 7,364 shares in the company, valued at $100,003.12. The acquisition was disclosed in a filing with the SEC, which is available through this link.
About Brookfield Real Assets Income Fund
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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