Principal Real Estate Income Fund Declares Monthly Dividend of $0.11 (NYSE:PGZ)

Principal Real Estate Income Fund (NYSE:PGZ) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Friday, August 16th will be paid a dividend of 0.105 per share on Friday, August 30th. This represents a $1.26 annualized dividend and a yield of 11.78%. The ex-dividend date is Friday, August 16th.

Principal Real Estate Income Fund Stock Performance

Shares of PGZ traded up $0.06 during mid-day trading on Wednesday, hitting $10.70. 13,121 shares of the company traded hands, compared to its average volume of 21,853. The business has a 50 day moving average of $10.32 and a 200 day moving average of $10.17. Principal Real Estate Income Fund has a 1-year low of $8.46 and a 1-year high of $10.71.

Principal Real Estate Income Fund Company Profile

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.