CBRE Global Real Estate Income Fund (IGR) To Go Ex-Dividend on May 20th

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Thursday, April 9th. Investors of record on Wednesday, May 20th will be paid a dividend of 0.06 per share by the closed-end fund on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 15.7%. The ex-dividend date of this dividend is Wednesday, May 20th.

CBRE Global Real Estate Income Fund Stock Down 0.4%

Shares of NYSE:IGR opened at $4.58 on Monday. CBRE Global Real Estate Income Fund has a 12-month low of $4.15 and a 12-month high of $5.37. The stock’s 50-day moving average price is $4.62 and its 200-day moving average price is $4.65.

CBRE Global Real Estate Income Fund Company Profile

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.

The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.