CBRE Global Real Estate Income Fund Plans Monthly Dividend of $0.06 (NYSE:IGR)

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Monday, July 8th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be given a dividend of 0.06 per share by the closed-end fund on Monday, September 30th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 11.02%. The ex-dividend date is Friday, September 20th.

CBRE Global Real Estate Income Fund has raised its dividend payment by an average of 6.3% annually over the last three years.

CBRE Global Real Estate Income Fund Stock Down 0.2 %

IGR opened at $6.54 on Thursday. CBRE Global Real Estate Income Fund has a one year low of $3.88 and a one year high of $6.69. The business has a 50 day simple moving average of $5.96 and a two-hundred day simple moving average of $5.38.

CBRE Global Real Estate Income Fund Company Profile

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.