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

Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Friday, January 2nd. Investors of record on Thursday, February 12th will be paid a dividend of 0.105 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend is Thursday, February 12th.

Principal Real Estate Income Fund Price Performance

Shares of PGZ opened at $10.34 on Tuesday. The firm has a 50-day moving average of $10.07 and a 200-day moving average of $10.28. Principal Real Estate Income Fund has a one year low of $9.24 and a one year high of $10.76.

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.