CBRE Global Real Estate Income Fund (IGR) to Issue Monthly Dividend of $0.06 on November 29th

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Thursday, October 10th,investing.com reports. Investors of record on Wednesday, November 20th will be paid a dividend of 0.06 per share by the closed-end fund on Friday, November 29th. This represents a $0.72 annualized dividend and a yield of 13.07%. The ex-dividend date of this dividend is Wednesday, November 20th. This is a boost from CBRE Global Real Estate Income Fund’s previous monthly dividend of $0.05.

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 Performance

IGR stock opened at $5.51 on Monday. CBRE Global Real Estate Income Fund has a one year low of $4.43 and a one year high of $6.69. The firm’s fifty day moving average is $6.11 and its 200 day moving average is $5.66.

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.