Cohen and Steers Global Income Builder Declares Monthly Dividend of $0.07 (INB)
Cohen and Steers Global Income Builder (NYSE:INB) announced a monthly dividend on Thursday, September 13th, Wall Street Journal reports. Stockholders of record on Wednesday, December 19th will be paid a dividend of 0.069 per share on Monday, December 31st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date of this dividend is Tuesday, December 18th.
Cohen and Steers Global Income Builder has decreased its dividend by an average of 9.6% per year over the last three years.
Shares of Cohen and Steers Global Income Builder stock traded up $0.02 on Thursday, reaching $9.39. 86,283 shares of the company were exchanged, compared to its average volume of 75,315. Cohen and Steers Global Income Builder has a one year low of $9.05 and a one year high of $10.44.
Cohen & Steers Global Income Builder, Inc is a closed-end equity mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity markets across the globe. It also invests in ADR securities. The fund also makes its investments in other close ended funds.
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