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Cohen & Steers Quality Income Realty Fund, Inc. (RQI) Notification of Sources of Distribution Under Section 19(a) - Cohen & Steers (NYSE:CNS), COHEN & STEERS QUALITY (NYSE:RQI)
Benzingaยท 2025-09-29 21:35
Core Viewpoint - The press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc. with details regarding the distribution to be paid on September 30, 2025, and cumulative distributions for the fiscal year to date [1] Distribution Policy - The Fund has a managed distribution policy since December 2012, aiming to deliver long-term total return potential through regular monthly distributions at a fixed rate per common share [2] - This policy allows the Fund to realize long-term capital gains throughout the year and distribute them regularly, although it can be amended or suspended by the Board of Directors [2] Distribution Sources - Monthly distributions may include long-term capital gains, short-term capital gains, net investment income, and/or return of capital for federal income tax purposes [3] - Return of capital reduces a shareholder's tax basis in their shares and is not taxable [3] Distribution Estimates - For September 2025, the estimated distribution per share is $0.0800, with the following breakdown: - Net Investment Income: $0.0542 (67.75% of current distribution) - Net Realized Short-Term Capital Gains: $0.0000 (0.00%) - Net Realized Long-Term Capital Gains: $0.0258 (32.25%) - Return of Capital: $0.0000 (0.00%) [7] Year-to-Date Performance - Year-to-date cumulative total return for fiscal year 2025 (January 1, 2025, to August 31, 2025) is 6.27% [10] - Cumulative distribution rate for the same period is 5.56% [10] Five-Year Performance - Average annual total return for the five-year period ending August 31, 2025, is 8.58% [11] - Current annualized distribution rate for 2025 is 7.41% [11] Tax Reporting - Shareholders will receive a Form 1099-DIV for the calendar year to report distributions for federal income tax purposes [8][13]