Welcome to our dedicated page for Cohen & Steers Quality Income Realty Fund news (Ticker: RQI), a resource for investors and traders seeking the latest updates and insights on Cohen & Steers Quality Income Realty Fund stock.
Cohen & Steers Quality Income Realty Fund, Inc. reports recurring distribution information for an NYSE-listed closed-end fund focused on income from real estate securities. News releases for RQI primarily cover Section 19(a) notices that estimate the sources of monthly distributions and cumulative fiscal year-to-date distributions on a per-common-share basis.
The fund operates under a managed distribution policy adopted in 2012 under SEC exemptive relief. Its updates describe regular monthly distributions at a fixed rate per common share, estimated tax character of distributions, and the board's authority to amend, suspend, or terminate the policy.
The press release from Cohen & Steers Quality Income Realty Fund, Inc. (NYSE: RQI) announces the monthly distribution of $0.0800 per share, payable on September 30, 2020. The Fund's managed distribution policy enables it to deliver long-term total return through regular monthly distributions, including net investment income and potential capital gains. However, the total return for the year-to-date period is reported at -10.76%, with a cumulative distribution rate of 5.77%. Shareholders are advised that distribution amounts may change based on portfolio performance, and final tax characteristics will be provided on Form 1099-DIV.
Cohen & Steers Quality Income Realty Fund (NYSE: RQI) announced its distribution sources for August 31, 2020. The managed distribution policy, active since December 2012, allows the Fund to distribute long-term capital gains regularly. For August, the total current distribution per share is $0.0800, comprising $0.0657 in net investment income (82.12%) and $0.0143 in short-term capital gains (17.88%). Year-to-date, the Fund's cumulative total return stands at -11.31%, while the cumulative distribution rate is 5.13%. Shareholders will receive a Form 1099-DIV for tax reporting purposes after the year-end.
Cohen & Steers Quality Income Realty Fund (RQI) announced the sources of its upcoming distribution, set for July 31, 2020. The fund's managed distribution policy, established in December 2012, aims to deliver long-term total returns through regular monthly distributions. For July 2020, the total distribution is estimated at $0.0800 per share, comprised of 95.88% short-term capital gains and 4.12% long-term capital gains. The Fund's year-to-date cumulative total return is -16.25%.
This press release informs shareholders of Cohen & Steers Quality Income Realty Fund (NYSE: RQI) about the distribution scheduled for June 30, 2020. The managed distribution policy, initiated in December 2012, allows the Fund to distribute long-term capital gains and maximize total returns. The current distribution includes $0.08 per share, entirely sourced from realized long-term capital gains totaling $0.48 year-to-date. The press release emphasizes potential changes in distribution sources and tax implications for shareholders.