Cohen & Steers Quality Income Realty Inc Announces Monthly Dividend of $0.08 (RQI)
Cohen & Steers Quality Income Realty Inc (NYSE:RQI) announced a monthly dividend on Wednesday, December 20th, Zacks reports. Investors of record on Wednesday, January 17th will be paid a dividend of 0.08 per share by the real estate investment trust on Wednesday, January 31st. This represents a $0.96 annualized dividend and a dividend yield of 7.98%. The ex-dividend date of this dividend is Tuesday, January 16th.
Cohen & Steers Quality Income Realty has increased its dividend by an average of 8.1% per year over the last three years.
Shares of Cohen & Steers Quality Income Realty (NYSE RQI) traded down $0.23 during trading on Thursday, hitting $12.03. 653,800 shares of the company traded hands, compared to its average volume of 513,286. Cohen & Steers Quality Income Realty has a one year low of $11.95 and a one year high of $13.27.
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Cohen & Steers Quality Income Realty Fund, Inc (the Fund) is a diversified, closed-end management investment company. The primary investment objective of the Fund is high current income through investment in real estate securities. The secondary investment objective is capital appreciation. Real estate securities include common stocks, preferred stocks and other equity securities of any market capitalization issued by real estate companies, including real estate investment trusts (REITs) and similar REIT-like entities.
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