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

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Friday, January 9th. Stockholders of record on Friday, February 20th will be given a dividend of 0.06 per share by the closed-end fund on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 14.5%. The ex-dividend date is Friday, February 20th.

CBRE Global Real Estate Income Fund Trading Down 1.3%

NYSE:IGR opened at $4.98 on Wednesday. CBRE Global Real Estate Income Fund has a 1 year low of $4.20 and a 1 year high of $5.37. The stock has a fifty day moving average price of $4.60 and a two-hundred day moving average price of $4.80.

CBRE Global Real Estate Income Fund Company Profile

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.

The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.