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

by · The Cerbat Gem

CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report) declared a monthly dividend on Thursday, July 9th. Shareholders of record on Monday, July 20th will be paid a dividend of 0.06 per share by the closed-end fund on Friday, July 31st. This represents a c) annualized dividend and a yield of 15.6%. The ex-dividend date is Monday, July 20th.

CBRE Global Real Estate Income Fund Stock Up 0.1%

IGR stock opened at $4.61 on Friday. CBRE Global Real Estate Income Fund has a twelve month low of $4.15 and a twelve month high of $5.28. The stock has a 50-day simple moving average of $4.63 and a two-hundred day simple moving average of $4.65.

CBRE Global Real Estate Income Fund Company Profile

(Get Free Report)

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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