Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.105 per share on Wednesday, April 30th. This represents a $1.26 annualized dividend and a yield of 12.59%. The ex-dividend date is Tuesday, April 15th.
Principal Real Estate Income Fund has increased its dividend by an average of 8.1% annually over the last three years.
Principal Real Estate Income Fund Stock Up 1.0 %
Shares of NYSE:PGZ opened at $10.01 on Friday. The business has a 50-day moving average of $10.45 and a two-hundred day moving average of $10.62. Principal Real Estate Income Fund has a fifty-two week low of $9.40 and a fifty-two week high of $11.31.
Principal Real Estate Income Fund Company Profile
Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities.
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