Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Monday, July 6th, Wall Street Journal reports. Shareholders of record on Friday, August 14th will be given a dividend of 0.11 per share on Monday, August 31st. This represents a $1.32 annualized dividend and a yield of 11.02%. The ex-dividend date is Thursday, August 13th.
NYSE PGZ traded down $0.03 during trading hours on Monday, reaching $11.98. 50,214 shares of the company’s stock were exchanged, compared to its average volume of 45,977. The firm has a fifty day moving average of $11.96 and a 200-day moving average of $16.10. Principal Real Estate Income Fund has a one year low of $9.51 and a one year high of $22.01.
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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