Principal Real Estate Income Fund (PGZ) To Go Ex-Dividend on February 12th

Principal Real Estate Income Fund (NYSE:PGZ) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.105 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date is Thursday, February 12th.

Principal Real Estate Income Fund Trading Up 0.7%

PGZ traded up $0.07 during midday trading on Tuesday, hitting $10.41. The company had a trading volume of 9,836 shares, compared to its average volume of 26,603. Principal Real Estate Income Fund has a twelve month low of $9.24 and a twelve month high of $10.76. The firm’s 50-day simple moving average is $10.07 and its 200-day simple moving average is $10.28.

Principal Real Estate Income Fund Company Profile

Principal Real Estate Income Fund Inc (NYSE: PGZ) is a diversified, closed-end management investment company that seeks a high level of current income and capital appreciation through investments in real estate securities. Launched in 2015 and managed by Principal Real Estate Investors, LLC, the fund primarily targets publicly traded equity and mortgage real estate investment trusts (REITs), as well as real estate operating companies. It offers investors access to a broad real estate portfolio that may include residential, office, industrial, retail and specialty property sectors.

The fund’s investment approach emphasizes a balance between income generation and total return potential.