DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (DRP) Declares Monthly Distribution...

Monday October 6, 6:10 pm ET NEW YORK--(BUSINESS WIRE)--DWS RREEF World Real Estate & Tactical Strategies Fund, Inc. (NYSE: DRP - News ) declared a distribution of $0.08 per share, payable on October 31, 2008 to shareholders of record on October 16, 2008. The ex-date is October 14, 2008. The previous monthly distribution amount was $0.134 per share. The current distribution rate represents a 12.00% annualized yield based on the closing market price of $8.00 on October 3, 2008 and a 9.27% annualized yield on a closing NAV of $10.36 on the same date. Future earnings of the Fund can not be guaranteed and the Fund's dividend policy is subject to change. For more information on DRP please contact a representative at (800) 349-4281 or visit us on the web at www.dws-investments.com The Fund also announced that it will hold a... [read full story]