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

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) declared a monthly dividend on Monday, March 25th, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.08 per share by the real estate investment trust on Friday, May 31st. This represents a $0.96 dividend on an annualized basis and a yield of 8.22%. The ex-dividend date is Tuesday, May 14th.

Cohen & Steers Total Return Realty Fund Stock Up 0.3 %

NYSE RFI traded up $0.04 during trading hours on Tuesday, reaching $11.68. The company’s stock had a trading volume of 18,187 shares, compared to its average volume of 65,944. The firm has a fifty day simple moving average of $11.83 and a 200-day simple moving average of $11.27. Cohen & Steers Total Return Realty Fund has a 52 week low of $9.62 and a 52 week high of $12.52.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors bought a new position in Cohen & Steers Total Return Realty Fund during the 2nd quarter worth approximately $35,000. NewEdge Advisors LLC grew its position in shares of Cohen & Steers Total Return Realty Fund by 36.4% during the 1st quarter. NewEdge Advisors LLC now owns 10,000 shares of the real estate investment trust’s stock worth $117,000 after buying an additional 2,670 shares during the period. Money Concepts Capital Corp bought a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter worth approximately $128,000. Modern Wealth Management LLC bought a new stake in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter valued at approximately $128,000. Finally, HighTower Advisors LLC bought a new stake in shares of Cohen & Steers Total Return Realty Fund during the first quarter valued at approximately $190,000. Institutional investors own 20.42% of the company’s stock.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return 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.