Principal Real Estate Income Fund (NYSE:PGZ) to Issue Monthly Dividend of $0.10

Principal Real Estate Income Fund (NYSE:PGZ) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Friday, October 16th will be paid a dividend of 0.105 per share on Friday, October 30th. This represents a c) annualized dividend and a yield of 12.2%. The ex-dividend date is Friday, October 16th.

Principal Real Estate Income Fund Trading Up 0.0%

Shares of Principal Real Estate Income Fund stock opened at $10.29 on Thursday. Principal Real Estate Income Fund has a 1 year low of $9.32 and a 1 year high of $10.64. The company has a 50 day simple moving average of $9.97 and a two-hundred day simple moving average of $10.06.

About Principal Real Estate Income Fund

Principal Real Estate Income Fund Inc (NYSE: PGZ) is a diversified, closed-end management investment company that seeks a high level of current income and capital appreciation through investments in real estate securities. Launched in 2015 and managed by Principal Real Estate Investors, LLC, the fund primarily targets publicly traded equity and mortgage real estate investment trusts (REITs), as well as real estate operating companies. It offers investors access to a broad real estate portfolio that may include residential, office, industrial, retail and specialty property sectors.

The fund’s investment approach emphasizes a balance between income generation and total return potential.