Cohen & Steers Quality Income Realty Fund, Inc. Plans Monthly Dividend of $0.08 (NYSE:RQI)

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) announced a monthly dividend on Wednesday, June 26th, Wall Street Journal reports. Stockholders of record on Tuesday, August 13th will be paid a dividend of 0.08 per share by the real estate investment trust on Friday, August 30th. This represents a $0.96 annualized dividend and a dividend yield of 8.50%. The ex-dividend date of this dividend is Tuesday, August 13th.

Cohen & Steers Quality Income Realty Fund has raised its dividend by an average of 33.9% per year over the last three years.

Cohen & Steers Quality Income Realty Fund Price Performance

Shares of Cohen & Steers Quality Income Realty Fund stock traded down $0.09 on Wednesday, reaching $11.30. The company had a trading volume of 218,911 shares, compared to its average volume of 393,269. The firm’s 50-day moving average price is $11.32 and its two-hundred day moving average price is $11.66. Cohen & Steers Quality Income Realty Fund has a 1 year low of $9.17 and a 1 year high of $12.64.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.