Principal Real Estate Income Fund Plans Monthly Dividend of $0.11 (NYSE:PGZ)

Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Tuesday, July 7th, Wall Street Journal reports. Investors of record on Friday, October 16th will be paid a dividend of 0.11 per share on Friday, October 30th. This represents a $1.32 annualized dividend and a dividend yield of 11.02%. The ex-dividend date of this dividend is Thursday, October 15th.

NYSE:PGZ traded down $0.03 during trading hours on Tuesday, hitting $11.98. 50,200 shares of the stock were exchanged, compared to its average volume of 45,866. Principal Real Estate Income Fund has a 52-week low of $9.51 and a 52-week high of $22.01. The firm’s fifty day moving average price is $12.00 and its 200 day moving average price is $16.01.

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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Dividend History for Principal Real Estate Income Fund (NYSE:PGZ)

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