NEW YORK, Sept. 20 /PRNewswire-FirstCall/ -- The Board of Directors of Cohen & Steers Premium Income Realty Fund, Inc. today declared three monthly dividends of $0.155 per common share for October, November, and December 2006.* Details are as follows:
The October 2006 dividend is payable on October 31, 2006 to shareholders of record on October 13, 2006. The ex-dividend date is October 11, 2006.
The November 2006 dividend is payable on November 30, 2006 to shareholders of record on November 15, 2006. The ex-dividend date is November 13, 2006.
The December 2006 dividend is payable on December 29, 2006 to shareholders of record on December 15, 2006. The ex-dividend date is December 13, 2006.
* Please note that the distributions paid by the fund to shareholders are subject to recharacterization for tax purposes. The final tax treatment of these distributions is reported to shareholders on their 1099-DIV forms, which are mailed to shareholders after the close of each fiscal year. In addition, the fund pays distributions pursuant to a level rate distribution policy. Under this policy, the fund may pay distributions in excess of the fund's net investment company taxable income and this excess will be a tax-free return of capital distributed from the fund's assets. Distributions of capital decrease the fund's total assets and, therefore, could have the effect of increasing the fund's expense ratio. In addition, in order to make these distributions, the fund may have to sell portfolio securities at a less than opportune time. Information concerning the estimated composition of each fund distribution is available at cohenandsteers.com.
