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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Monday, March 31st, Wall Street Journal reports. Shareholders of record on Thursday, June 12th will be given a dividend of 0.118 per share on Thursday, June 26th. This represents a $1.42 dividend on an annualized basis and a yield of 10.76%. The ex-dividend date of this dividend is Thursday, June 12th.

Brookfield Real Assets Income Fund Price Performance

Brookfield Real Assets Income Fund stock traded down $0.03 during mid-day trading on Monday, reaching $13.17. 185,942 shares of the company’s stock were exchanged, compared to its average volume of 225,537. Brookfield Real Assets Income Fund has a twelve month low of $12.17 and a twelve month high of $13.77. The company has a fifty day moving average of $13.32 and a 200-day moving average of $13.39.

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.