CBRE Global Real Estate Income Fund Announces Monthly Dividend of $0.06 (NYSE:IGR)

CBRE Global Real Estate Income Fund (NYSE:IGRGet Rating) announced a monthly dividend on Friday, June 10th, Zacks reports. Investors of record on Tuesday, June 21st will be given a dividend of 0.06 per share by the closed-end fund on Thursday, June 30th. This represents a $0.72 annualized dividend and a yield of 10.18%. The ex-dividend date of this dividend is Friday, June 17th.

IGR stock opened at $7.07 on Wednesday. CBRE Global Real Estate Income Fund has a 12 month low of $6.89 and a 12 month high of $9.89. The firm has a 50 day simple moving average of $8.18 and a 200 day simple moving average of $8.61.

Several hedge funds have recently added to or reduced their stakes in the company. EP Wealth Advisors LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the first quarter valued at approximately $149,000. Advisors Asset Management Inc. raised its holdings in shares of CBRE Global Real Estate Income Fund by 8.2% during the first quarter. Advisors Asset Management Inc. now owns 1,629,768 shares of the closed-end fund’s stock valued at $14,733,000 after acquiring an additional 123,477 shares during the period. Beacon Pointe Advisors LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the first quarter valued at approximately $163,000. First Republic Investment Management Inc. raised its holdings in shares of CBRE Global Real Estate Income Fund by 9.3% during the first quarter. First Republic Investment Management Inc. now owns 106,308 shares of the closed-end fund’s stock valued at $961,000 after acquiring an additional 9,018 shares during the period. Finally, Guggenheim Capital LLC raised its holdings in shares of CBRE Global Real Estate Income Fund by 8.3% during the first quarter. Guggenheim Capital LLC now owns 68,615 shares of the closed-end fund’s stock valued at $620,000 after acquiring an additional 5,282 shares during the period.

CBRE Global Real Estate Income Fund Company Profile (Get Rating)

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.

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Dividend History for CBRE Global Real Estate Income Fund (NYSE:IGR)

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