Principal Real Estate Income Fund (NYSE:PGZ) to Issue Monthly Dividend of $0.11

Principal Real Estate Income Fund (NYSE:PGZ) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, March 17th will be paid a dividend of 0.105 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date of this dividend is Tuesday, March 17th.

Principal Real Estate Income Fund Stock Performance

Shares of NYSE PGZ opened at $9.96 on Friday. Principal Real Estate Income Fund has a one year low of $9.24 and a one year high of $10.68. The business has a 50-day moving average price of $10.23 and a two-hundred day moving average price of $10.26.

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.