CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) announced a monthly dividend on Monday, April 14th, Wall Street Journal reports. Investors of record on Friday, June 20th will be given a dividend of 0.06 per share by the closed-end fund on Monday, June 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 15.48%. The ex-dividend date is Friday, June 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 Performance
NYSE IGR opened at $4.65 on Tuesday. CBRE Global Real Estate Income Fund has a 1-year low of $4.20 and a 1-year high of $6.69. The business has a 50 day simple moving average of $5.09 and a two-hundred day simple moving average of $5.37.
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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