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

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Tuesday, January 14th, Wall Street Journal reports. Investors of record on Thursday, March 20th will be paid a dividend of 0.06 per share by the closed-end fund on Monday, March 31st. This represents a $0.72 dividend on an annualized basis and a yield of 13.83%. The ex-dividend date of this dividend is Thursday, March 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 Stock Up 1.3 %

Shares of CBRE Global Real Estate Income Fund stock opened at $5.21 on Tuesday. CBRE Global Real Estate Income Fund has a one year low of $4.68 and a one year high of $6.69. The business has a 50-day simple moving average of $5.18 and a 200 day simple moving average of $5.60.

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.