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

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Thursday, October 10th, NASDAQ reports. Investors of record on Monday, October 21st will be given a dividend of 0.06 per share by the closed-end fund on Thursday, October 31st. This represents a $0.72 annualized dividend and a yield of 11.58%. The ex-dividend date is Monday, October 21st.

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 Price Performance

Shares of IGR opened at $6.22 on Friday. CBRE Global Real Estate Income Fund has a 52-week low of $3.88 and a 52-week high of $6.69. The business’s 50 day moving average price is $6.25 and its two-hundred day moving average price is $5.54.

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.