Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Thursday, July 17th will be given a dividend of 0.105 per share on Thursday, July 31st. This represents a $1.26 dividend on an annualized basis and a yield of 12.08%. The ex-dividend date is Thursday, July 17th.
Principal Real Estate Income Fund has raised its dividend by an average of 6.7% per year over the last three years.
Principal Real Estate Income Fund Price Performance
PGZ opened at $10.43 on Friday. Principal Real Estate Income Fund has a fifty-two week low of $9.46 and a fifty-two week high of $11.31. The company’s 50-day moving average is $10.42 and its 200 day moving average is $10.52.
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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