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

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a dividend on Saturday, January 18th,investing.com reports. Stockholders of record on Wednesday, January 22nd will be paid 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 an increase from CBRE Global Real Estate Income Fund’s previous dividend of $0.05.

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

CBRE Global Real Estate Income Fund Stock Up 1.6 %

Shares of IGR opened at $5.27 on Friday. The stock has a 50 day moving average of $5.30 and a 200 day moving average of $5.72. CBRE Global Real Estate Income Fund has a 12 month low of $4.68 and a 12 month high of $6.69.

About CBRE Global Real Estate Income Fund

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.