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. It primarily invests in growth stocks of companies across all market capitalizations. The fund employs fundamental analysis focusing on such factors as underlying potential for success in light of the company's current financial condition, its industry and sector position, economic and market condition, earnings growth, current ratio of debt to capital, and the quality of management to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the FTSE NAREIT Equity REIT index, and a composite index of 80% FTSE NAREIT Equity REIT Index and 20% BofA Merrill Lynch REIT Preferred Securities Index. The fund was previously known as Cohen & Steers Income Realty Fund Inc. Cohen & Steers Quality Income Realty Fund, Inc. was formed on February 28, 2002 and is domiciled in the United States.
Cohen & Steers Quality Income Realty Fund Stock Performance
Shares of NYSE:RQI traded up $0.36 during mid-day trading on Friday, reaching $15.94. The company had a trading volume of 287,445 shares, compared to its average volume of 343,744. The company has a 50-day moving average price of $14.25 and a two-hundred day moving average price of $15.09. Cohen & Steers Quality Income Realty Fund has a 1-year low of $12.65 and a 1-year high of $18.45.
Cohen & Steers Quality Income Realty Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Wednesday, September 14th will be issued a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date is Tuesday, September 13th.