CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) announced a monthly dividend on Monday, October 14th,Wall Street Journal reports. Investors of record on Friday, December 20th will be paid a dividend of 0.06 per share by the closed-end fund on Tuesday, December 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 13.82%. The ex-dividend date is Friday, December 20th.
CBRE Global Real Estate Income Fund has raised its dividend by an average of 6.3% annually over the last three years.
CBRE Global Real Estate Income Fund Stock Performance
NYSE:IGR opened at $5.21 on Wednesday. CBRE Global Real Estate Income Fund has a 12 month low of $4.68 and a 12 month high of $6.69. The company’s 50-day moving average price is $5.77 and its two-hundred day moving average price is $5.74.
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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