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

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Monday, October 14th, Wall Street Journal reports. Investors of record on Friday, December 20th will be given a dividend of 0.06 per share by the closed-end fund on Tuesday, December 31st. This represents a $0.72 dividend on an annualized basis and a yield of 11.88%. The ex-dividend date of this dividend is Friday, December 20th.

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

CBRE Global Real Estate Income Fund Price Performance

Shares of IGR traded up $0.02 during mid-day trading on Monday, hitting $6.06. The stock had a trading volume of 291,174 shares, compared to its average volume of 625,328. The company’s fifty day simple moving average is $6.20 and its two-hundred day simple moving average is $5.52. CBRE Global Real Estate Income Fund has a fifty-two week low of $3.88 and a fifty-two week high of $6.69.

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.