BROOKFIELD RL A/SHS BEN INT to Issue Monthly Dividend of $0.20 (NYSE:RA)

BROOKFIELD RL A/SHS BEN INT (NYSE:RA) declared a monthly dividend on Tuesday, July 7th, Wall Street Journal reports. Investors of record on Wednesday, August 12th will be given a dividend of 0.199 per share on Thursday, August 20th. This represents a $2.39 annualized dividend and a yield of 14.09%. The ex-dividend date is Tuesday, August 11th.

BROOKFIELD RL A/SHS BEN INT has raised its dividend payment by an average of 64.6% per year over the last three years.

Shares of NYSE RA traded up $0.25 during midday trading on Tuesday, reaching $16.95. The company’s stock had a trading volume of 232,000 shares, compared to its average volume of 315,839. BROOKFIELD RL A/SHS BEN INT has a fifty-two week low of $10.40 and a fifty-two week high of $23.00. The stock has a 50 day simple moving average of $16.62 and a 200-day simple moving average of $18.33.

BROOKFIELD RL A/SHS BEN INT 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.

Further Reading: Coverage Ratio

Dividend History for BROOKFIELD RL A/SHS BEN INT (NYSE:RA)

Receive News & Ratings for BROOKFIELD RL A/SHS BEN INT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BROOKFIELD RL A/SHS BEN INT and related companies with MarketBeat.com's FREE daily email newsletter.