Cohen & Steers Quality Income Realty (NYSE:RQI) Trading 9% Higher
Cohen & Steers Quality Income Realty Inc (NYSE:RQI)’s share price traded up 9% on Tuesday . The company traded as high as $7.48 and last traded at $7.16, 1,241,500 shares changed hands during mid-day trading. An increase of 14% from the average session volume of 1,092,232 shares. The stock had previously closed at $6.57.
The stock’s 50 day simple moving average is $12.35 and its two-hundred day simple moving average is $14.27.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 18th will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 11.94%. The ex-dividend date is Tuesday, March 17th.
About Cohen & Steers Quality Income Realty (NYSE:RQI)
Cohen & Steers Quality Income 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.
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