Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a dividend on Tuesday, May 13th, investing.com reports. Investors of record on Friday, May 16th will be paid a dividend of 0.105 per share on Friday, May 30th. This represents a dividend yield of 12.22%. The ex-dividend date is Thursday, May 15th.
Principal Real Estate Income Fund has increased its dividend by an average of 6.7% annually over the last three years.
Principal Real Estate Income Fund Stock Down 0.0%
PGZ stock traded down $0.01 during midday trading on Tuesday, hitting $10.31. The stock had a trading volume of 5,156 shares, compared to its average volume of 28,448. Principal Real Estate Income Fund has a 12-month low of $9.24 and a 12-month high of $11.31. The company’s 50-day moving average price is $10.27 and its 200 day moving average price is $10.34.
About Principal Real Estate Income Fund
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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