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Ex-Div Reminder for Neuberger Berman Real Estate Securities Income Fund (NRO)

By Dividend Channel Staff, Tuesday, December 11, 11:08 AM ET
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On 12/13/12, Neuberger Berman Real Estate Securities Income Fund (AMEX:NRO) will trade ex-dividend, for its monthly dividend of $0.02, payable on 12/31/12. As a percentage of NRO's recent stock price of $4.59, this dividend works out to approximately 0.44%.

Below is a dividend history chart for NRO, showing historical dividends prior to the most recent $0.02 declared by Neuberger Berman Real Estate Securities Income Fund:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NRO is likely to continue, and whether the current estimated yield of 5.23% on annualized basis is a reasonable expectation of annual yield going forward.

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In Tuesday trading, Neuberger Berman Real Estate Securities Income Fund shares are currently up about 0.7% on the day.

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