CBRE Clarion Global Real Estate Income Fund Declares Monthly Dividend of $0.05 (IGR)
CBRE Clarion Global Real Estate Income Fund (NYSE:IGR) announced a monthly dividend on Tuesday, December 12th, Wall Street Journal reports. Shareholders of record on Thursday, December 21st will be paid a dividend of 0.05 per share by the closed-end fund on Friday, December 29th. This represents a $0.60 dividend on an annualized basis and a yield of 7.75%. The ex-dividend date of this dividend is Wednesday, December 20th.
CBRE Clarion Global Real Estate Income Fund has raised its dividend by an average of 3.6% per year over the last three years.
Shares of CBRE Clarion Global Real Estate Income Fund (IGR) traded up $0.04 during midday trading on Wednesday, reaching $7.74. The company’s stock had a trading volume of 332,900 shares, compared to its average volume of 325,396. CBRE Clarion Global Real Estate Income Fund has a 12-month low of $7.13 and a 12-month high of $8.05.
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CBRE Clarion Global Real Estate Income Fund (the Trust) is a diversified, closed-end management investment company. The Trust’s primary objective is high income. Its secondary objective is capital appreciation. It invests from 80% to 100% of its total assets in income-producing real estate securities (including real estate investment trusts (REITs)) located in the developed markets of North America, Europe, Australia and Asia.
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