Neuberger Berman Real Estate Securities Income Fund Declares $0.0312 Monthly Dividend
The Neuberger Berman Real Estate Securities Income Fund (NYSE: NRO) has declared a monthly dividend of $0.0312 per share, consistent with its previous payout levels. The forward yield is currently estimated at 12.4%. Shareholders of record as of August 17 will receive the payment on August 31, and shares will trade ex-dividend starting that same date. The fund's continued dividend reflects stability in payouts despite ongoing challenges from rising interest rates, which can negatively impact net asset value (NAV) growth for real estate-focused funds. The announcement provides investors with a clear timeline of the payout schedule.
Tickers: $NRO
Topics: dividends real estate