Principal Real Estate Income Fund (PGZ) To Go Ex-Dividend on January 14th

Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, January 14th will be paid a dividend of $0.1050 per share on Friday, January 29th. This represents a $1.26 annualized dividend and a dividend yield of 13.8%. The ex-dividend date of this dividend is Thursday, January 14th.

Principal Real Estate Income Fund Trading Up 2.1%

NYSE:PGZ opened at $9.12 on Friday. Principal Real Estate Income Fund has a 1-year low of $8.78 and a 1-year high of $10.58. The firm’s fifty day moving average price is $9.76 and its 200 day moving average price is $9.93.

Principal Real Estate Income Fund Company Profile

Principal Real Estate Income Fund (NYSE: PGZ) is a closed-end investment company that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund is managed by Principal Real Estate Investors, a global real estate investment management business affiliated with Principal Financial Group.

The fund invests primarily in real estate-related debt and equity securities. Its portfolio may include commercial real estate loans, mortgage-backed securities, commercial mortgage-backed securities, preferred and common stocks of real estate companies, and other securities connected to the real estate industry.