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

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Friday, June 26th. Investors of record on Thursday, August 6th will be given a dividend of 0.118 per share on Thursday, August 20th. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date is Thursday, August 6th.

Brookfield Real Assets Income Fund Stock Performance

Brookfield Real Assets Income Fund stock opened at $12.85 on Tuesday. The company has a 50-day moving average price of $12.79 and a 200 day moving average price of $12.93. Brookfield Real Assets Income Fund has a 12-month low of $12.50 and a 12-month high of $13.59.

Insider Activity at Brookfield Real Assets Income Fund

In other news, Director Heather S. Goldman sold 2,750 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $12.72, for a total value of $34,980.00. Following the transaction, the director owned 22 shares of the company’s stock, valued at $279.84. This represents a 99.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of RA. Mallini Complete Financial Planning LLC grew its position in Brookfield Real Assets Income Fund by 6.2% in the 2nd quarter. Mallini Complete Financial Planning LLC now owns 19,121 shares of the company’s stock worth $246,000 after purchasing an additional 1,111 shares during the last quarter. Noble Wealth Management PBC lifted its stake in Brookfield Real Assets Income Fund by 6.8% in the second quarter. Noble Wealth Management PBC now owns 135,360 shares of the company’s stock valued at $1,743,000 after acquiring an additional 8,605 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Brookfield Real Assets Income Fund by 2.5% in the 1st quarter. Bank of America Corp DE now owns 423,193 shares of the company’s stock valued at $5,442,000 after acquiring an additional 10,307 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Brookfield Real Assets Income Fund by 12.0% in the first quarter. First Trust Advisors LP now owns 181,293 shares of the company’s stock valued at $2,331,000 after acquiring an additional 19,365 shares during the period. Finally, Independent Financial Group LLC bought a new stake in Brookfield Real Assets Income Fund in the 1st quarter valued at $464,000.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc (NYSE:RA) is a closed-end management investment company launched in June 2020. The fund is sponsored and managed by Brookfield Asset Management, one of the world’s largest alternative asset managers. RA seeks to provide investors with high current income and long-term capital growth by acquiring a diversified portfolio of real assets and related securities.

The fund’s investment strategy focuses on real estate, infrastructure, renewable energy and private credit investments.