CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) announced a monthly dividend on Monday, October 9th, investing.com reports. Investors of record on Monday, November 20th will be paid a dividend of 0.06 per share by the closed-end fund on Thursday, November 30th. This represents a $0.72 annualized dividend and a yield of 16.05%. The ex-dividend date is Friday, November 17th. This is an increase from CBRE Global Real Estate Income Fund’s previous monthly dividend of $0.05.
CBRE Global Real Estate Income Fund has raised its dividend by an average of 5.3% annually over the last three years and has increased its dividend every year for the last 1 years.
CBRE Global Real Estate Income Fund Stock Up 6.3 %
NYSE:IGR opened at $4.49 on Wednesday. CBRE Global Real Estate Income Fund has a fifty-two week low of $3.88 and a fifty-two week high of $7.21. The stock’s 50-day moving average is $4.45 and its two-hundred day moving average is $4.99.
Institutional Investors Weigh In On CBRE Global Real Estate Income Fund
About CBRE Global Real Estate Income Fund
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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