CBRE Global Real Estate Income Fund (IGR) to Issue Monthly Dividend of $0.06 on March 31st

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Tuesday, January 14th, Wall Street Journal reports. Investors of record on Thursday, March 20th will be paid a dividend of 0.06 per share by the closed-end fund on Monday, March 31st. This represents a $0.72 annualized dividend and a yield of 13.83%. The ex-dividend date is Thursday, March 20th.

CBRE Global Real Estate Income Fund has raised its dividend payment by an average of 6.3% annually over the last three years.

CBRE Global Real Estate Income Fund Stock Up 1.3 %

Shares of NYSE:IGR opened at $5.21 on Tuesday. The business has a fifty day simple moving average of $5.18 and a 200 day simple moving average of $5.60. CBRE Global Real Estate Income Fund has a 12-month low of $4.68 and a 12-month high of $6.69.

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.