Brookfield Real Assets Income Fund Inc. (NYSE:RA) Plans Monthly Dividend of $0.12

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Monday, September 30th, Zacks reports. Shareholders of record on Friday, October 11th will be paid a dividend of 0.118 per share on Friday, October 25th. This represents a $1.42 dividend on an annualized basis and a yield of 10.36%. The ex-dividend date is Friday, October 11th.

Brookfield Real Assets Income Fund Stock Down 0.3 %

Brookfield Real Assets Income Fund stock opened at $13.67 on Wednesday. The company has a 50 day moving average price of $13.26 and a 200-day moving average price of $12.91. Brookfield Real Assets Income Fund has a fifty-two week low of $11.89 and a fifty-two week high of $13.77.

Insider Activity

In related news, Portfolio Manager Justin Charles Guichard purchased 7,364 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were acquired at an average cost of $13.58 per share, for a total transaction of $100,003.12. Following the acquisition, the portfolio manager now owns 7,364 shares of the company’s stock, valued at approximately $100,003.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.