CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) announced a monthly dividend on Monday, July 8th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.06 per share by the closed-end fund on Monday, September 30th. This represents a $0.72 annualized dividend and a dividend yield of 10.94%. The ex-dividend date of this dividend is Friday, September 20th.
CBRE Global Real Estate Income Fund has raised its dividend payment by an average of 6.3% annually over the last three years.
CBRE Global Real Estate Income Fund Price Performance
Shares of NYSE:IGR opened at $6.58 on Wednesday. The firm has a fifty day simple moving average of $5.90 and a two-hundred day simple moving average of $5.36. CBRE Global Real Estate Income Fund has a 52 week low of $3.88 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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