Cohen and Steers Global Income Builder (INB) to Issue Monthly Dividend of $0.07 on November 30th
Cohen and Steers Global Income Builder (NYSE:INB) declared a monthly dividend on Friday, September 29th, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.069 per share on Thursday, November 30th. This represents a $0.83 annualized dividend and a yield of 8.36%. The ex-dividend date is Tuesday, November 14th.
Cohen and Steers Global Income Builder has decreased its dividend payment by an average of 6.3% annually over the last three years.
Cohen and Steers Global Income Builder (INB) opened at $9.90 on Monday. Cohen and Steers Global Income Builder has a 12 month low of $8.36 and a 12 month high of $9.96.
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About Cohen and Steers Global Income Builder
Cohen & Steers Global Income Builder, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return with an emphasis on high current income. The Fund invests in various industry sectors, such as financial, technology, healthcare, industrials, real estate, consumer-non-cyclical, consumer-cyclical, energy, closed-end funds, materials, banks-foreign, consumer discretionary, consumer staples, pipelines, communications, telecommunication services, automotive, gas distribution, pipelines-C-Corp, railways, electric, banks, toll roads, insurance, water, airports, hotel, integrated electric insurance-foreign and other.
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