CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) declared a monthly dividend on Friday, January 9th. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.06 per share by the closed-end fund on Friday, January 30th. This represents a c) annualized dividend and a yield of 14.9%. The ex-dividend date is Tuesday, January 20th.
CBRE Global Real Estate Income Fund Trading Up 1.1%
Shares of NYSE IGR opened at $4.85 on Friday. CBRE Global Real Estate Income Fund has a twelve month low of $4.20 and a twelve month high of $5.37. The stock has a 50 day moving average of $4.52 and a two-hundred day moving average of $4.85.
About CBRE Global Real Estate Income Fund
CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.
The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.
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