CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) announced a monthly dividend on Tuesday, January 14th,Wall Street Journal reports. Stockholders of record on Thursday, March 20th will be paid a dividend of 0.06 per share by the closed-end fund on Monday, March 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.34%. The ex-dividend date is Thursday, March 20th.
CBRE Global Real Estate Income Fund has raised its dividend payment by an average of 6.3% per year over the last three years.
CBRE Global Real Estate Income Fund Stock Up 1.2 %
IGR stock opened at $5.02 on Thursday. The firm’s fifty day moving average is $5.32 and its 200 day moving average is $5.72. CBRE Global Real Estate Income Fund has a 52 week low of $4.68 and a 52 week high of $6.69.
About CBRE Global Real Estate Income Fund
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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