Neuberger Berman Real Estate Securities Income Fund Inc. (NRO) to Issue Monthly Dividend of $0.03 on May 29th

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) announced a monthly dividend on Thursday, April 30th. Investors of record on Friday, May 15th will be paid a dividend of 0.0312 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend is Friday, May 15th.

Neuberger Berman Real Estate Securities Income Fund Stock Down 0.7%

NYSEAMERICAN NRO opened at $3.05 on Wednesday. Neuberger Berman Real Estate Securities Income Fund has a 52 week low of $2.74 and a 52 week high of $3.37. The firm’s 50-day simple moving average is $2.96 and its two-hundred day simple moving average is $3.02.

About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund (NYSE American: NRO) is a closed-end management investment company organized as a Massachusetts business trust. Listed on the NYSE American exchange, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through an actively managed portfolio of real estate securities. Its structure allows investors to access a diversified pool of real estate assets within a single investment vehicle.

The fund’s primary investment focus is on equity real estate investment trusts (REITs), real estate operating companies and other real estate–related securities.