CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) announced a monthly dividend on Monday, October 14th,Wall Street Journal reports. Investors of record on Friday, December 20th will be given a dividend of 0.06 per share by the closed-end fund on Tuesday, December 31st. This represents a $0.72 dividend on an annualized basis and a yield of 13.82%. The ex-dividend date is Friday, December 20th.
CBRE Global Real Estate Income Fund has increased its dividend by an average of 6.3% per year over the last three years.
CBRE Global Real Estate Income Fund Stock Performance
Shares of IGR opened at $5.21 on Wednesday. CBRE Global Real Estate Income Fund has a 12 month low of $4.68 and a 12 month high of $6.69. The company has a 50-day moving average price of $5.77 and a two-hundred day moving average price of $5.74.
CBRE Global Real Estate Income Fund Company Profile
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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