Cohen and Steers Global Income Builder (NYSE:INB) Announces Monthly Dividend of $0.06

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Cohen and Steers Global Income Builder (NYSE:INB) announced a monthly dividend on Thursday, June 13th, Wall Street Journal reports. Investors of record on Wednesday, August 21st will be paid a dividend of 0.062 per share on Friday, August 30th. This represents a $0.74 annualized dividend and a yield of 8.48%. The ex-dividend date of this dividend is Tuesday, August 20th.

Cohen and Steers Global Income Builder has decreased its dividend by an average of 9.6% per year over the last three years.

Shares of NYSE INB opened at $8.77 on Monday. The firm has a 50 day moving average of $9.00 and a 200 day moving average of $8.59. Cohen and Steers Global Income Builder has a 12-month low of $7.16 and a 12-month high of $9.72.

Cohen and Steers Global Income Builder Company Profile

Cohen & Steers Global Income Builder, Inc is a closed-end equity mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity markets across the globe. It also invests in ADR securities. The fund also makes its investments in other close ended funds.

Read More: What is the Difference Between Common Shares and Convertible Shares?

Dividend History for Cohen and Steers Global Income Builder (NYSE:INB)

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