Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Investors of record on Monday, August 17th will be paid a dividend of 0.105 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend is Monday, August 17th.
Principal Real Estate Income Fund Stock Performance
Shares of PGZ stock opened at $10.29 on Thursday. Principal Real Estate Income Fund has a 12-month low of $9.32 and a 12-month high of $10.64. The firm’s 50 day moving average is $9.97 and its 200 day moving average is $10.06.
About Principal Real Estate Income Fund
Principal Real Estate Income Fund Inc (NYSE: PGZ) is a diversified, closed-end management investment company that seeks a high level of current income and capital appreciation through investments in real estate securities. Launched in 2015 and managed by Principal Real Estate Investors, LLC, the fund primarily targets publicly traded equity and mortgage real estate investment trusts (REITs), as well as real estate operating companies. It offers investors access to a broad real estate portfolio that may include residential, office, industrial, retail and specialty property sectors.
The fund’s investment approach emphasizes a balance between income generation and total return potential.
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