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

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Get Free Report) announced a monthly dividend on Thursday, June 26th, Wall Street Journal reports. Investors of record on Tuesday, September 9th will be paid a dividend of 0.08 per share by the real estate investment trust on Tuesday, September 30th. This represents a $0.96 annualized dividend and a yield of 7.99%. The ex-dividend date of this dividend is Tuesday, September 9th.

Cohen & Steers Total Return Realty Fund Stock Up 1.5%

Shares of NYSE:RFI traded up $0.18 during trading on Friday, reaching $12.02. The company's stock had a trading volume of 37,759 shares, compared to its average volume of 68,648. Cohen & Steers Total Return Realty Fund has a 12 month low of $10.43 and a 12 month high of $13.44. The firm's 50 day simple moving average is $11.92 and its two-hundred day simple moving average is $11.87.

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

A hedge fund recently raised its stake in Cohen & Steers Total Return Realty Fund stock. Royal Bank of Canada increased its stake in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Free Report) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 167,148 shares of the real estate investment trust's stock after buying an additional 9,093 shares during the quarter. Royal Bank of Canada owned about 0.63% of Cohen & Steers Total Return Realty Fund worth $2,021,000 as of its most recent SEC filing. 20.42% of the stock is currently owned by institutional investors and hedge funds.

Cohen & Steers Total Return Realty Fund Company Profile

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.