CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) declared a monthly dividend on Friday, January 9th. Investors of record on Friday, March 20th will be given a dividend of 0.06 per share by the closed-end fund on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 15.5%. The ex-dividend date is Friday, March 20th.
CBRE Global Real Estate Income Fund Stock Up 1.0%
IGR stock opened at $4.66 on Wednesday. CBRE Global Real Estate Income Fund has a one year low of $4.20 and a one year high of $5.37. The firm has a 50-day moving average of $4.80 and a two-hundred day moving average of $4.79.
CBRE Global Real Estate Income Fund Company Profile
CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed?end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate?related equity securities across developed and emerging markets.
The fund employs a research?driven, bottom?up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.
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