CBRE Global Real Estate Income Fund to Issue Monthly Dividend of $0.06 (NYSE:IGR)

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Thursday, October 10th, NASDAQ reports. Shareholders of record on Monday, October 21st will be given a dividend of 0.06 per share by the closed-end fund on Thursday, October 31st. This represents a $0.72 dividend on an annualized basis and a yield of 11.94%. The ex-dividend date of this dividend is Monday, October 21st.

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 Price Performance

Shares of NYSE IGR remained flat at $6.03 during midday trading on Friday. 464,919 shares of the stock were exchanged, compared to its average volume of 627,024. CBRE Global Real Estate Income Fund has a 1 year low of $3.88 and a 1 year high of $6.69. The business’s 50-day simple moving average is $6.19 and its 200-day simple moving average is $5.51.

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.