CBRE Global Real Estate Income Fund (NYSE:IGR) Announces Dividend Increase – $0.06 Per Share

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Thursday, October 10th,investing.com reports. Investors of record on Wednesday, November 20th will be given a dividend of 0.06 per share by the closed-end fund on Friday, November 29th. This represents a $0.72 annualized dividend and a yield of 13.02%. The ex-dividend date of this dividend is Wednesday, November 20th. This is a boost from CBRE Global Real Estate Income Fund’s previous monthly dividend of $0.05.

CBRE Global Real Estate Income Fund has increased its dividend payment by an average of 6.3% per year over the last three years.

CBRE Global Real Estate Income Fund Price Performance

Shares of IGR stock opened at $5.53 on Monday. The company’s fifty day simple moving average is $6.11 and its two-hundred day simple moving average is $5.66. CBRE Global Real Estate Income Fund has a 1 year low of $4.43 and a 1 year high of $6.69.

CBRE Global Real Estate Income Fund Company Profile

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.