Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Friday, July 12th, NASDAQ reports. Stockholders of record on Tuesday, September 17th will be paid a dividend of 0.11 per share on Monday, September 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.57%. The ex-dividend date is Monday, September 16th.
Principal Real Estate Income Fund has decreased its dividend payment by an average of 8.7% annually over the last three years.
PGZ opened at $20.10 on Friday. The firm’s 50-day simple moving average is $19.72 and its 200-day simple moving average is $18.95. Principal Real Estate Income Fund has a twelve month low of $15.31 and a twelve month high of $20.56.
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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