CBRE Clarion Global Real Estate Incm Fd (IGR) Announces Monthly Dividend of $0.05
CBRE Clarion Global Real Estate Incm Fd (NYSE:IGR) announced a monthly dividend on Wednesday, October 11th, Wall Street Journal reports. Stockholders of record on Friday, October 20th will be given a dividend of 0.05 per share by the closed-end fund on Tuesday, October 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.53%. The ex-dividend date of this dividend is Thursday, October 19th.
CBRE Clarion Global Real Estate Incm Fd has increased its dividend payment by an average of 3.6% per year over the last three years.
CBRE Clarion Global Real Estate Incm Fd (IGR) traded up 0.38% during mid-day trading on Wednesday, hitting $7.97. The stock had a trading volume of 243,142 shares. The stock has a 50-day moving average price of $7.83 and a 200 day moving average price of $7.70. CBRE Clarion Global Real Estate Incm Fd has a 12-month low of $7.06 and a 12-month high of $8.09.
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CBRE Clarion Global Real Estate Incm Fd Company Profile
CBRE Clarion Global Real Estate Income Fund (the Trust) is a diversified, closed-end management investment company. The Trust’s primary objective is high income. Its secondary objective is capital appreciation. It invests from 80% to 100% of its total assets in income-producing real estate securities (including real estate investment trusts (REITs)) located in the developed markets of North America, Europe, Australia and Asia.
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