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

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) announced a monthly dividend on Friday, March 28th, Wall Street Journal reports. Investors of record on Tuesday, June 10th will be given a dividend of 0.08 per share by the real estate investment trust on Monday, June 30th. This represents a $0.96 annualized dividend and a yield of 7.69%. The ex-dividend date is Tuesday, June 10th.

Cohen & Steers Quality Income Realty Fund has increased its dividend payment by an average of 30.3% per year over the last three years.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of RQI stock opened at $12.48 on Friday. The firm’s 50 day moving average price is $12.80 and its 200-day moving average price is $13.12. Cohen & Steers Quality Income Realty Fund has a one year low of $10.61 and a one year high of $14.41.

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.