CBRE Clarion Global Real Estate Income Fund (IGR) Receiving Positive Media Coverage, Analysis Finds
News coverage about CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) has trended positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CBRE Clarion Global Real Estate Income Fund earned a media sentiment score of 0.32 on Accern’s scale. Accern also gave news headlines about the closed-end fund an impact score of 47.8721432828361 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) traded up $0.02 during trading on Friday, hitting $7.94. 262,302 shares of the stock were exchanged, compared to its average volume of 288,405. CBRE Clarion Global Real Estate Income Fund has a twelve month low of $7.14 and a twelve month high of $8.05.
The company also recently declared a monthly dividend, which was paid on Friday, December 29th. Stockholders of record on Thursday, December 21st were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, December 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.56%.
CBRE Clarion Global Real Estate Income Fund Company Profile
CBRE Clarion Global Real Estate Income Fund (the Trust) is a diversified, closed-end management investment company. The Trust’s primary objective is high income. Its secondary objective is capital appreciation. It invests from 80% to 100% of its total assets in income-producing real estate securities (including real estate investment trusts (REITs)) located in the developed markets of North America, Europe, Australia and Asia.
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