Principal Real Estate Income Fund Declares Monthly Dividend of $0.10 (NYSE:PGZ)

Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Wednesday, April 1st. Investors of record on Friday, July 17th will be paid a dividend of 0.105 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Friday, July 17th.

Principal Real Estate Income Fund Stock Up 0.2%

Shares of Principal Real Estate Income Fund stock opened at $10.37 on Wednesday. Principal Real Estate Income Fund has a 12-month low of $9.32 and a 12-month high of $10.64. The stock’s fifty day moving average is $10.00 and its 200-day moving average is $10.08.

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.