|Bid||7.75 x 1300|
|Ask||7.92 x 1100|
|Day's Range||7.60 - 8.42|
|52 Week Range||6.60 - 22.64|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||1.14|
|Forward Dividend & Yield||1.32 (14.55%)|
|Ex-Dividend Date||Mar 19, 2020|
|1y Target Est||N/A|
RMR Real Estate Income Fund (NYSE American: RIF) today announced its regular quarterly distribution to common shareholders. The distribution of $0.33 per common share will be paid on or about March 31, 2020 to holders of record of common shares as of the close of business on March 23, 2020. RIF’s distribution was approved by its Board of Trustees under RIF’s managed distribution policy in accordance with exemptive relief issued by the Securities and Exchange Commission. RIF intends to include net realized capital gains, where applicable, as part of its regular quarterly distribution to common shareholders.
There's a way you can buy into today's healthy real estate market without paying full price. In fact, you can get in for a lot less -- I'm talking 16% below market value, asserts Michael Foster, fund expert and editor of Contrarian Outlook.
RMR Real Estate Income Fund (NYSE American: RIF) today announced the filing of a definitive proxy statement with the Securities and Exchange Commission (the "SEC") to hold a Special Meeting of Shareholders to change RIF’s business from investing in equity securities of real estate companies to originating and investing in mortgage loans secured by middle market and transitional commercial real estate, and to amend RIF’s fundamental investment policies and restrictions to permit RIF to pursue its new business (the "Business Change Proposal"). The implementation of the Business Change Proposal would result in RIF becoming a commercial mortgage REIT. The Special Meeting of Shareholders will be held on April 16, 2020 at 9:30 a.m.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of RMR Real Estate Income Fund and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.