CBRE Global Real Estate Income Fund (IGR) To Go Ex-Dividend on January 20th

CBRE Global Real Estate Income Fund (NYSE:IGR) declared a monthly dividend on Friday, January 9th. Investors of record on Tuesday, January 20th will be paid a dividend of 0.06 per share by the closed-end fund on Friday, January 30th. This represents a c) annualized dividend and a yield of 14.9%. The ex-dividend date of this dividend is Tuesday, January 20th.

CBRE Global Real Estate Income Fund Stock Performance

Shares of IGR traded up $0.06 during trading hours on Friday, reaching $4.85. 5,673,957 shares of the company’s stock traded hands, compared to its average volume of 1,962,360. CBRE Global Real Estate Income Fund has a 12 month low of $4.20 and a 12 month high of $5.37. The firm’s 50 day simple moving average is $4.52 and its 200-day simple moving average is $4.85.

About CBRE Global Real Estate Income Fund

CBRE Global Real Estate Income Fund Inc (NYSE: IGR) is a closed‐end management investment company that seeks to provide attractive levels of current income and capital appreciation by investing primarily in global real estate securities. Managed by CBRE Investment Management, the fund’s portfolio is composed of publicly traded real estate investment trusts (REITs), real estate operating companies and other real estate‐related equity securities across developed and emerging markets.

The fund employs a research‐driven, bottom‐up investment approach, leveraging CBRE’s global platform and market intelligence to identify opportunities in diverse property sectors, including office, retail, industrial, residential and hospitality.