Why does YAHOO post a 9 cent div. when it is 2 cents a month equaling 24 cents for a yield of 8%+ ?
Yahoo is obviously wrong.http://finance.yahoo.com/news/Neuberger-Berman-Real-Estate-bw-4187993929.html?x=0&.v=1
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.02 per share common stock, unless further action is taken to determine another amount.
I don't know, but it sure made some doubt the current pay out.I even read the news release, and was thinking, didn't we get 2 cents last month and the month before that, and so on, so why did the yield drop and ho wdo you get 2 cents into 9 cents?
Thats a good question as NRO has seemingly made the commitment to continue a monthly .02 dividend until it says otherwise.
Go to etfconnect and get correct info