Principal Real Estate Income Fund Declares Monthly Dividend of $0.11 (NYSE:PGZ)

Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, November 8th will be paid a dividend of 0.105 per share on Friday, November 22nd. This represents a $1.26 annualized dividend and a dividend yield of 11.82%. The ex-dividend date of this dividend is Friday, November 8th.

Principal Real Estate Income Fund Price Performance

Shares of NYSE PGZ traded down $0.08 during trading hours on Wednesday, reaching $10.66. 12,360 shares of the stock were exchanged, compared to its average volume of 23,623. The stock’s fifty day simple moving average is $10.98 and its 200 day simple moving average is $10.51. Principal Real Estate Income Fund has a 52 week low of $8.82 and a 52 week high of $11.31.

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.