Cohen & Steers Total Return Realty Fund, Inc. Plans Monthly Dividend of $0.08 (NYSE:RFI)

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) announced a monthly dividend on Tuesday, September 22nd. Investors of record on Tuesday, October 13th will be paid a dividend of 0.08 per share by the real estate investment trust on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Tuesday, October 13th.

Cohen & Steers Total Return Realty Fund Price Performance

NYSE:RFI traded down $0.07 during midday trading on Wednesday, hitting $10.75. The company’s stock had a trading volume of 11,917 shares, compared to its average volume of 100,958. Cohen & Steers Total Return Realty Fund has a fifty-two week low of $10.74 and a fifty-two week high of $12.17. The firm’s 50 day moving average is $11.34 and its 200-day moving average is $11.34.

Institutional Trading of Cohen & Steers Total Return Realty Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NWF Advisory Services Inc. boosted its position in Cohen & Steers Total Return Realty Fund by 2.8% during the first quarter. NWF Advisory Services Inc. now owns 33,425 shares of the real estate investment trust’s stock worth $372,000 after acquiring an additional 900 shares during the last quarter. Westbourne Investment Advisors Inc. grew its position in shares of Cohen & Steers Total Return Realty Fund by 5.7% in the first quarter. Westbourne Investment Advisors Inc. now owns 27,700 shares of the real estate investment trust’s stock valued at $309,000 after purchasing an additional 1,500 shares during the period. Private Advisor Group LLC increased its stake in Cohen & Steers Total Return Realty Fund by 6.0% in the first quarter. Private Advisor Group LLC now owns 71,941 shares of the real estate investment trust’s stock valued at $801,000 after purchasing an additional 4,062 shares during the last quarter. Bank of America Corp DE lifted its position in Cohen & Steers Total Return Realty Fund by 8.9% during the first quarter. Bank of America Corp DE now owns 60,733 shares of the real estate investment trust’s stock worth $677,000 after buying an additional 4,972 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Cohen & Steers Total Return Realty Fund by 101.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 20,806 shares of the real estate investment trust’s stock valued at $236,000 after acquiring an additional 10,466 shares during the last quarter. Institutional investors and hedge funds own 20.42% of the company’s stock.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return Realty Fund, Inc (NYSE: RFI) is a closed-end management investment company advised by Cohen & Steers Capital Management, a firm specializing in real assets and income-oriented investments. The fund seeks to provide a high level of current income while also pursuing capital appreciation over the long term.

The fund invests primarily in real estate-related securities, including equity securities of real estate investment trusts (REITs) and other real estate companies.