Neuberger Berman Real Estate Securities Income Fund Inc. Declares Monthly Dividend of $0.03 (NYSEAMERICAN:NRO)

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0312 per share on Friday, January 31st. This represents a $0.37 annualized dividend and a yield of 10.61%. The ex-dividend date is Wednesday, January 15th.

Neuberger Berman Real Estate Securities Income Fund has decreased its dividend payment by an average of 8.0% per year over the last three years.

Neuberger Berman Real Estate Securities Income Fund Price Performance

NRO stock traded down $0.02 during trading hours on Thursday, hitting $3.53. The company’s stock had a trading volume of 200,397 shares, compared to its average volume of 159,447. Neuberger Berman Real Estate Securities Income Fund has a 12 month low of $2.99 and a 12 month high of $4.15.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.