Looking at the universe of stocks we cover at Dividend Channel, on 9/17/19, Cohen & Steers Quality Income Realty Fund (Symbol: RQI) will trade ex-dividend, for its monthly dividend of $0.08, payable on 9/30/19. As a percentage of RQI's recent stock price of $15.64, this dividend works out to approximately 0.51%, so look for shares of Cohen & Steers Quality Income Realty Fund to trade 0.51% lower — all else being equal — when RQI shares open for trading on 9/17/19.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RQI is likely to continue, and whether the current estimated yield of 6.14% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RQI shares, versus its 200 day moving average:
Looking at the chart above, RQI's low point in its 52 week range is $9.84 per share, with $15.76 as the 52 week high point — that compares with a last trade of $15.66.
In Friday trading, Cohen & Steers Quality Income Realty Fund shares are currently up about 0.3% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.