Cohen & Steers Quality Income Realty Fund, Inc. Declares Monthly Dividend of $0.09 (NYSE:RQI)

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) announced a monthly dividend on Tuesday, September 22nd. Stockholders of record on Tuesday, October 13th will be given a dividend of 0.09 per share by the real estate investment trust on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Tuesday, October 13th.

Cohen & Steers Quality Income Realty Fund Stock Down 0.7%

RQI stock opened at $11.46 on Wednesday. Cohen & Steers Quality Income Realty Fund has a twelve month low of $11.30 and a twelve month high of $13.57. The business has a 50 day moving average of $12.24 and a 200 day moving average of $12.57.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its holdings in Cohen & Steers Quality Income Realty Fund by 8.6% in the 1st quarter. Bank of America Corp DE now owns 2,780,381 shares of the real estate investment trust’s stock worth $33,504,000 after buying an additional 219,521 shares in the last quarter. Ameritas Advisory Services LLC lifted its stake in Cohen & Steers Quality Income Realty Fund by 710.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 418,052 shares of the real estate investment trust’s stock valued at $5,146,000 after acquiring an additional 366,445 shares during the period. Matrix Private Capital Group LLC purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund during the 1st quarter valued at about $3,708,000. Castle Wealth Management LLC grew its stake in shares of Cohen & Steers Quality Income Realty Fund by 15.0% in the first quarter. Castle Wealth Management LLC now owns 280,789 shares of the real estate investment trust’s stock worth $3,384,000 after acquiring an additional 36,650 shares during the period. Finally, Independent Financial Group LLC bought a new position in Cohen & Steers Quality Income Realty Fund during the first quarter valued at approximately $3,342,000.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol RQI. The fund is managed by Cohen & Steers Capital Management, an investment manager specializing in real assets, including real estate securities.

RQI seeks to provide a high level of current income and long-term capital appreciation by investing primarily in securities of real estate companies. Its portfolio may include common stocks, preferred stocks and other securities issued by real estate investment trusts (REITs) and real estate-related businesses.