Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Thursday, February 13th will be given a dividend of 0.105 per share on Friday, February 28th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 12.16%. The ex-dividend date is Thursday, February 13th.
Principal Real Estate Income Fund has raised its dividend payment by an average of 7.8% per year over the last three years.
Principal Real Estate Income Fund Trading Up 0.5 %
Shares of PGZ stock opened at $10.37 on Tuesday. Principal Real Estate Income Fund has a 1-year low of $9.46 and a 1-year high of $11.31. The stock’s fifty day simple moving average is $10.20 and its 200-day simple moving average is $10.59.
About Principal Real Estate Income Fund
Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities.
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