CBRE Global Real Estate Income Fund (NYSE:IGR – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.94 and traded as low as $4.87. CBRE Global Real Estate Income Fund shares last traded at $4.98, with a volume of 974,273 shares.
CBRE Global Real Estate Income Fund Trading Up 1.2 %
The business’s 50 day simple moving average is $5.12 and its 200 day simple moving average is $4.94.
CBRE Global Real Estate Income Fund Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Monday, May 20th will be paid a dividend of $0.06 per share. This is a boost from CBRE Global Real Estate Income Fund’s previous monthly dividend of $0.05. The ex-dividend date of this dividend is Friday, May 17th. This represents a $0.72 dividend on an annualized basis and a yield of 14.46%.
Institutional Investors Weigh In On CBRE Global Real Estate Income Fund
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.
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