Cohen & Steers Quality Income Realty Fund, Inc. (RQI)

Established on February 28, 2002, the Cohen & Steers Quality Income Realty Fund, Inc., initially known as Cohen & Steers Income Realty Fund Inc., is a closed-end equity mutual fund domiciled in the United States. Launched by Cohen & Steers, Inc. and managed by Cohen & Steers Capital Management, Inc., this fund primarily allocates its investments within the public equity markets of the United States. Its core objective is to invest in growth stocks of real estate companies, encompassing Real Estate Investment Trusts (REITs), across all market capitalizations. The fund's portfolio construction relies on a thorough fundamental analysis, assessing factors like a company's financial health, its industry position, economic and market conditions, earnings growth, debt levels, and the quality of its management, all to identify businesses with strong potential for success. Its performance is benchmarked against a combination of indexes: the S&P 500 Index, the FTSE NAREIT Equity REIT index, and a composite index comprising 80% FTSE NAREIT Equity REIT Index and 20% BofA Merrill Lynch REIT Preferred Securities Index.

RQI is a closed-end fund. What it pays is a distribution, not interest, and that distinction matters. A distribution is whatever the fund passes through for the period — dividends and interest received from the holdings, realised capital gains, option premium where the strategy writes options, and sometimes return of capital. Only the year-end tax form breaks the payment into its parts.

Return of capital is your own money coming back. It is not taxed on receipt, but it reduces your cost basis, so the tax arrives later as a larger capital gain. A fund can therefore publish a steady-looking distribution rate while the net asset value drifts down underneath it. The distribution is set by the fund and can be changed at any time; it is never a coupon. Closed-end funds also trade at a premium or a discount to net asset value, so the price you pay and the assets you own are two different numbers.

Figures on this page are computed by Income Investing from the payment history and last price stored in our own database; the payment records come from fmp and the price from fmp, last recomputed Aug 25, 2026. They describe what has been paid, not what will be paid. Yield, payout ratio, our data sources and our methodology are explained elsewhere on the site.

The table lists the 24 most recent recorded distributions for RQI, newest first, with ex-dates running from Oct 15, 2024 to Sep 08, 2026. The latest is $0.0900 per share in USD, ex-date Sep 08, 2026, pay date Sep 30, 2026. Measured against the nearest payment about a year earlier, 9 are higher, 0 lower and 15 unchanged; the remaining 0 have no comparable payment in the record. None is flagged as a special or one-off payment. Payment records supplied by fmp.

The chart covers 10 complete calendar years for RQI, 2016 to 2025, per share, in USD. Each bar totals the regular distributions with an ex-dividend date in that calendar year. The year is assigned by ex-dividend date, which is not necessarily the issuer's own distribution year. Our stored payment history for RQI begins in 2002. The total went from $0.9600 in 2016 to $1.09 in 2025 — 14% higher. Within that span 3 years were higher than the year before and 1 lower. The three most recent years shown are 2023 $0.9600, 2024 $0.9600 and 2025 $1.09. The current year is still in progress and is left out, and special or one-off payments are excluded. This is a record of what was paid, not a projection. 4 of the years shown do not hold the 12 distributions the recorded cadence implies: 2016 (6 payments), 2019 (13 payments), 2020 (10 payments) and 2025 (13 payments). Those years are marked on the chart and named in the table. A year with one more or one fewer payment than the cadence implies is usually a payment whose ex-dividend date moved across a year end rather than a change in the payment itself: the payment lands in the neighbouring calendar year, so one year reads high and the next reads low while the rate never moved. The change-on-the-year-before column carries the same distortion, because it compares two totals rather than two payment rates. These totals are arithmetically right for what they measure — regular distributions bucketed by ex-dividend date — but they are not the annual distribution the issuer reports for that year, and where the two disagree the issuer's own published distribution history is the authority.