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

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

CBRE Global Real Estate Income Fund Stock Performance

NYSE:IGR opened at $4.61 on Friday. CBRE Global Real Estate Income Fund has a one year low of $4.15 and a one year high of $5.28. The firm has a 50-day simple moving average of $4.63 and a 200-day simple moving average of $4.65.

CBRE Global Real Estate Income Fund Company Profile

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.