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

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Friday, October 10th. Investors of record on Thursday, November 20th will be paid a dividend of 0.06 per share by the closed-end fund on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 15.3%. The ex-dividend date of this dividend is Thursday, November 20th.

CBRE Global Real Estate Income Fund Price Performance

Shares of IGR stock opened at $4.72 on Tuesday. CBRE Global Real Estate Income Fund has a 52 week low of $4.20 and a 52 week high of $5.89. The firm has a 50 day moving average of $5.01 and a two-hundred day moving average of $5.04.

Institutional Trading of CBRE Global Real Estate Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. UBS Group AG increased its position in CBRE Global Real Estate Income Fund by 3.4% during the third quarter. UBS Group AG now owns 5,530,237 shares of the closed-end fund’s stock worth $28,425,000 after buying an additional 183,244 shares during the period. Penserra Capital Management LLC increased its holdings in shares of CBRE Global Real Estate Income Fund by 3.0% in the 2nd quarter. Penserra Capital Management LLC now owns 3,696,579 shares of the closed-end fund’s stock valued at $19,554,000 after acquiring an additional 109,272 shares during the period. Flagship Harbor Advisors LLC raised its position in CBRE Global Real Estate Income Fund by 2.6% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,965,106 shares of the closed-end fund’s stock valued at $10,101,000 after purchasing an additional 48,910 shares during the last quarter. Bank of America Corp DE boosted its stake in CBRE Global Real Estate Income Fund by 3.4% during the 3rd quarter. Bank of America Corp DE now owns 1,907,673 shares of the closed-end fund’s stock worth $9,805,000 after purchasing an additional 62,576 shares during the period. Finally, Ameriprise Financial Inc. grew its position in CBRE Global Real Estate Income Fund by 7.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,014,553 shares of the closed-end fund’s stock worth $5,206,000 after purchasing an additional 68,690 shares during the last quarter.

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.