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

Key Points

• Monthly dividend of $0.08: Cohen & Steers Total Return Realty Fund declared a $0.08 per-share monthly dividend payable June 30 to holders of record June 9, with an annualized yield of 8.8% (ex-dividend date June 9).
• Shares traded down $0.02 to $10.86 on light volume (7,608 vs. average 109,734), with both the 50- and 200-day simple moving averages at $11.48 and a 12-month range of $10.43–$12.23.
• Institutional interest rose as several firms added or increased positions — notably Osaic Holdings boosted its stake 61.8% to 742,553 shares (~$8.2M) and Readystate added a ~$1.69M position — leaving institutions with 20.42% ownership.

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report) declared a monthly dividend on Tuesday, March 24th. Stockholders of record on Tuesday, June 9th will be given a dividend of 0.08 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Tuesday, June 9th.

Cohen & Steers Total Return Realty Fund Trading Down 0.1%

RFI traded down $0.02 during trading hours on Wednesday, hitting $10.86. The stock had a trading volume of 7,608 shares, compared to its average volume of 109,734. The company's fifty day simple moving average is $11.48 and its 200 day simple moving average is $11.48. Cohen & Steers Total Return Realty Fund has a 1 year low of $10.43 and a 1 year high of $12.23.

Hedge Funds Weigh In On Cohen & Steers Total Return Realty Fund

Large investors have recently modified their holdings of the business. Virtu Financial LLC bought a new stake in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $128,000. Readystate Asset Management LP bought a new position in Cohen & Steers Total Return Realty Fund in the 4th quarter worth approximately $1,694,000. Cetera Investment Advisers grew its stake in Cohen & Steers Total Return Realty Fund by 5.2% in the 4th quarter. Cetera Investment Advisers now owns 143,949 shares of the real estate investment trust's stock valued at $1,591,000 after buying an additional 7,062 shares in the last quarter. Osaic Holdings Inc. grew its stake in Cohen & Steers Total Return Realty Fund by 61.8% in the 4th quarter. Osaic Holdings Inc. now owns 742,553 shares of the real estate investment trust's stock valued at $8,205,000 after buying an additional 283,695 shares in the last quarter. Finally, Landscape Capital Management L.L.C. bought a new stake in Cohen & Steers Total Return Realty Fund during the 4th quarter valued at $294,000. Hedge funds and other institutional investors 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 that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.

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