Principal Real Estate Income Fund (PGZ) To Go Ex-Dividend on August 16th

Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Friday, August 16th will be given a dividend of 0.105 per share on Friday, August 30th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 11.78%. The ex-dividend date of this dividend is Friday, August 16th.

Principal Real Estate Income Fund Trading Up 0.6 %

Shares of NYSE PGZ traded up $0.06 during mid-day trading on Wednesday, hitting $10.70. 13,121 shares of the stock traded hands, compared to its average volume of 21,853. The stock has a fifty day moving average price of $10.32 and a 200-day moving average price of $10.17. Principal Real Estate Income Fund has a 52 week low of $8.46 and a 52 week high of $10.71.

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.