Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.105 per share on Friday, February 28th. This represents a $1.26 annualized dividend and a dividend yield of 12.16%. The ex-dividend date is Thursday, February 13th.
Principal Real Estate Income Fund has increased its dividend payment by an average of 7.8% per year over the last three years.
Principal Real Estate Income Fund Stock Performance
Shares of NYSE PGZ opened at $10.37 on Tuesday. Principal Real Estate Income Fund has a one year low of $9.46 and a one year high of $11.31. The business’s 50-day moving average price is $10.20 and its two-hundred day moving average price is $10.59.
Principal Real Estate Income Fund Company Profile
Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities.
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