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.
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.