Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) declared a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Investors of record on Thursday, January 16th will be paid a dividend of 0.105 per share on Friday, January 31st. This represents a $1.26 annualized dividend and a yield of 12.70%. The ex-dividend date is Thursday, January 16th.
Principal Real Estate Income Fund has raised its dividend by an average of 8.1% annually over the last three years.
Principal Real Estate Income Fund Trading Up 0.6 %
Principal Real Estate Income Fund stock opened at $9.92 on Tuesday. The business’s 50-day simple moving average is $10.37 and its two-hundred day simple moving average is $10.62. Principal Real Estate Income Fund has a fifty-two week low of $9.46 and a fifty-two week high of $11.31.
About Principal Real Estate Income Fund
Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities.
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