CBRE Global Real Estate Income Fund Declares Monthly Dividend of $0.06 (NYSE:IGR)

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Shareholders of record on Tuesday, August 20th will be paid a dividend of 0.06 per share by the closed-end fund on Friday, August 30th. This represents a $0.72 annualized dividend and a yield of 14.26%. The ex-dividend date is Tuesday, August 20th.

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

CBRE Global Real Estate Income Fund Trading Up 0.4 %

Shares of NYSE IGR traded up $0.02 during midday trading on Wednesday, reaching $5.05. The company had a trading volume of 359,207 shares, compared to its average volume of 581,395. CBRE Global Real Estate Income Fund has a one year low of $3.88 and a one year high of $5.62. The firm’s fifty day moving average price is $5.05 and its 200-day moving average price is $5.14.

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.