Brookfield Real Assets Income Fund Inc. Announces Monthly Dividend of $0.12 (NYSE:RA)

Brookfield Real Assets Income Fund Inc. (NYSE:RA) declared a monthly dividend on Wednesday, October 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, December 10th will be paid a dividend of 0.118 per share on Thursday, December 26th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.35%. The ex-dividend date is Tuesday, December 10th.

Brookfield Real Assets Income Fund Trading Up 0.1 %

RA stock traded up $0.01 during midday trading on Wednesday, reaching $13.68. 189,107 shares of the stock were exchanged, compared to its average volume of 249,406. Brookfield Real Assets Income Fund has a 52 week low of $11.89 and a 52 week high of $13.77. The company has a fifty day moving average price of $13.26 and a 200 day moving average price of $12.91.

Insider Buying and Selling

In related news, Portfolio Manager Justin Charles Guichard acquired 7,364 shares of the stock in a transaction dated Tuesday, September 17th. The stock was bought at an average cost of $13.58 per share, for a total transaction of $100,003.12. Following the completion of the transaction, the portfolio manager now directly owns 7,364 shares of the company’s stock, valued at $100,003.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Brookfield Real Assets Income Fund 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.