CBRE Global Real Estate Income Fund (NYSE:IGR) Increases Dividend to $0.06 Per Share

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Thursday, October 10th,investing.com reports. Shareholders of record on Wednesday, November 20th will be paid a dividend of 0.06 per share by the closed-end fund on Friday, November 29th. This represents a $0.72 annualized dividend and a yield of 13.07%. The ex-dividend date is Wednesday, November 20th. This is an increase from CBRE Global Real Estate Income Fund’s previous monthly dividend of $0.05.

CBRE Global Real Estate Income Fund has increased its dividend by an average of 6.3% per year over the last three years.

CBRE Global Real Estate Income Fund Stock Up 0.2 %

Shares of CBRE Global Real Estate Income Fund stock opened at $5.51 on Monday. The stock’s fifty day moving average is $6.11 and its 200 day moving average is $5.66. CBRE Global Real Estate Income Fund has a one year low of $4.43 and a one year high of $6.69.

CBRE Global Real Estate Income Fund Company Profile

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.