Principal Real Estate Income Fund (PGZ) to Issue Monthly Dividend of $0.11 on December 31st

Principal Real Estate Income Fund (NYSE:PGZ) announced a monthly dividend on Wednesday, October 1st. Stockholders of record on Tuesday, December 16th will be paid a dividend of 0.105 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date of this dividend is Tuesday, December 16th.

Principal Real Estate Income Fund Trading Up 0.4%

Shares of Principal Real Estate Income Fund stock opened at $10.04 on Friday. Principal Real Estate Income Fund has a twelve month low of $9.24 and a twelve month high of $10.76. The company has a 50-day simple moving average of $10.27 and a two-hundred day simple moving average of $10.40.

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.