CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) declared a monthly dividend on Monday, January 13th,Wall Street Journal reports. Stockholders of record on Thursday, March 20th will be given a dividend of 0.06 per share by the closed-end fund on Monday, March 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.81%. The ex-dividend date is Thursday, March 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 Performance
NYSE IGR traded up $0.07 on Monday, reaching $4.86. The company’s stock had a trading volume of 678,013 shares, compared to its average volume of 843,588. CBRE Global Real Estate Income Fund has a 52 week low of $4.68 and a 52 week high of $6.69. The business has a 50-day moving average price of $5.36 and a 200 day moving average price of $5.73.
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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