Cohen and Steers Global Income Builder (NYSE:INB) declared a monthly dividend on Wednesday, December 19th, Wall Street Journal reports. Investors of record on Wednesday, January 16th will be paid a dividend of 0.062 per share on Thursday, January 31st. This represents a $0.74 dividend on an annualized basis and a dividend yield of 9.11%. The ex-dividend date is Tuesday, January 15th.
Cohen and Steers Global Income Builder has decreased its dividend by an average of 9.6% per year over the last three years.
Shares of NYSE INB opened at $8.17 on Thursday. Cohen and Steers Global Income Builder has a 1-year low of $7.16 and a 1-year high of $10.44.
About Cohen and Steers Global Income Builder
Cohen & Steers Global Income Builder, Inc is a closed-end equity mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity markets across the globe. It also invests in ADR securities. The fund also makes its investments in other close ended funds.
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