CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Shareholders of record on Thursday, March 20th will be given a dividend of 0.06 per share by the closed-end fund on Monday, March 31st. This represents a $0.72 annualized dividend and a yield of 14.81%. The ex-dividend date is Thursday, March 20th.
CBRE Global Real Estate Income Fund has increased its dividend by an average of 6.3% annually over the last three years.
CBRE Global Real Estate Income Fund Stock Up 1.5 %
Shares of NYSE IGR traded up $0.07 during mid-day trading on Monday, hitting $4.86. The company had a trading volume of 678,013 shares, compared to its average volume of 843,588. CBRE Global Real Estate Income Fund has a 12 month low of $4.68 and a 12 month high of $6.69. The business’s 50-day simple moving average is $5.36 and its 200-day simple moving average is $5.73.
CBRE Global Real Estate Income Fund Company Profile
CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.
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