Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a monthly dividend on Thursday, October 1st. Investors of record on Friday, November 13th will be paid a dividend of $0.1050 per share on Monday, November 30th. This represents a $1.26 dividend on an annualized basis and a yield of 13.9%. The ex-dividend date of this dividend is Friday, November 13th.
Principal Real Estate Income Fund Stock Down 0.8%
Shares of PGZ stock opened at $9.07 on Wednesday. The stock’s 50-day moving average is $9.08 and its 200 day moving average is $9.84. Principal Real Estate Income Fund has a 1-year low of $8.68 and a 1-year high of $10.58.
About Principal Real Estate Income Fund
Principal Real Estate Income Fund (NYSE: PGZ) is a closed-end investment fund that seeks to provide investors with a high level of current income and, secondarily, long-term capital appreciation. The fund focuses on investments tied to the commercial real estate market rather than owning and operating a single portfolio of properties. Its portfolio may include commercial mortgage loans, commercial mortgage-backed securities, real estate-related debt, and other securities issued by or connected to real estate companies and investment vehicles.
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