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Brookfield real assets income fund director sells shares worth $24,886

Published 2024-12-16, 02:00 p/m
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Stuart A. McFarland, a director at Brookfield Real Assets Income Fund Inc. (NYSE:RA), recently sold 1,860 shares of the company's common stock. The shares were sold at an average price of $13.38 each, resulting in a total transaction value of $24,886. The fund, currently valued at $689.26 million, trades with a P/E ratio of 8.63 and offers an attractive dividend yield of ~10.6%. Following this sale, McFarland holds 17,443 shares directly. Notably, this total includes 10,674 shares acquired through dividend reinvestment, as mentioned in the accompanying footnotes. The stock is currently trading near its 52-week high of $13.77, demonstrating strong momentum with a 17.3% return over the past year. InvestingPro analysis reveals several additional insights about the fund's dividend sustainability and market performance metrics.

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