Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) to Issue Monthly Dividend of $0.11

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) declared a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, August 11th will be paid a dividend of 0.11 per share on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date is Tuesday, August 11th.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

Shares of RLTY stock opened at $15.46 on Tuesday. Cohen & Steers Real Estate Opportunities & Income Fund has a 1 year low of $14.04 and a 1 year high of $15.97. The firm has a fifty day moving average price of $15.60 and a 200-day moving average price of $15.20.

Hedge Funds Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of RLTY. Bank of America Corp DE increased its position in Cohen & Steers Real Estate Opportunities & Income Fund by 6.2% in the third quarter. Bank of America Corp DE now owns 224,695 shares of the company’s stock worth $3,433,000 after buying an additional 13,164 shares in the last quarter. Wolverine Asset Management LLC raised its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 391.7% in the fourth quarter. Wolverine Asset Management LLC now owns 178,436 shares of the company’s stock worth $2,623,000 after buying an additional 142,146 shares during the period. Consolidated Portfolio Review Corp raised its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 19.5% in the third quarter. Consolidated Portfolio Review Corp now owns 172,072 shares of the company’s stock worth $2,629,000 after buying an additional 28,037 shares during the period. Royal Bank of Canada lifted its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 13.7% during the 1st quarter. Royal Bank of Canada now owns 170,368 shares of the company’s stock valued at $2,477,000 after buying an additional 20,480 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% during the 2nd quarter. Raymond James Financial Inc. now owns 132,791 shares of the company’s stock valued at $2,016,000 after acquiring an additional 2,059 shares during the period.

About Cohen & Steers Real Estate Opportunities & Income Fund

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.

The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.