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

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) announced a monthly dividend on Friday, March 28th, Wall Street Journal reports. Investors of record on Tuesday, April 8th will be paid a dividend of 0.08 per share by the real estate investment trust on Wednesday, April 30th. This represents a $0.96 annualized dividend and a dividend yield of 8.03%. The ex-dividend date is Tuesday, April 8th.

Cohen & Steers Total Return Realty Fund has raised its dividend by an average of 54.9% per year over the last three years.

Cohen & Steers Total Return Realty Fund Price Performance

Shares of RFI traded up $0.10 during mid-day trading on Friday, reaching $11.96. The company’s stock had a trading volume of 80,094 shares, compared to its average volume of 71,214. The business has a fifty day moving average of $12.03 and a 200 day moving average of $12.38. Cohen & Steers Total Return Realty Fund has a 1 year low of $10.67 and a 1 year high of $13.44.

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.