Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Thursday, July 17th will be paid a dividend of 0.105 per share on Thursday, July 31st. This represents a $1.26 annualized dividend and a dividend yield of 12.48%. The ex-dividend date is Thursday, July 17th.
Principal Real Estate Income Fund has raised its dividend payment by an average of 6.7% per year over the last three years.
Principal Real Estate Income Fund Stock Down 3.1 %
NYSE PGZ opened at $10.10 on Friday. The business has a 50-day moving average price of $10.42 and a 200-day moving average price of $10.51. Principal Real Estate Income Fund has a twelve month low of $9.46 and a twelve month high of $11.31.
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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