CBRE Global Real Estate Income Fund (NYSE:IGR) Increases Dividend to $0.06 Per Share

CBRE Global Real Estate Income Fund (NYSE:IGR) announced a dividend on Saturday, January 18th,investing.com reports. Stockholders of record on Wednesday, January 22nd will be given a dividend of 0.06 per share by the closed-end fund on Friday, January 31st. This represents a dividend yield of 13.66%. The ex-dividend date is Tuesday, January 21st. This is a positive change from CBRE Global Real Estate Income Fund’s previous dividend of $0.05.

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

CBRE Global Real Estate Income Fund Stock Up 1.6 %

IGR opened at $5.27 on Friday. CBRE Global Real Estate Income Fund has a 12-month low of $4.68 and a 12-month high of $6.69. The firm’s fifty day moving average price is $5.30 and its 200 day moving average price is $5.72.

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.