Principal Real Estate Income Fund (PGZ) to Issue Monthly Dividend of $0.10 on December 31st

Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Wednesday, December 16th will be paid a dividend of $0.1050 per share on Thursday, December 31st. This represents a $1.26 dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date of this dividend is Wednesday, December 16th.

Principal Real Estate Income Fund Price Performance

PGZ opened at $9.12 on Friday. The firm has a 50 day moving average price of $9.76 and a 200-day moving average price of $9.93. Principal Real Estate Income Fund has a twelve month low of $8.78 and a twelve month high of $10.58.

Principal Real Estate Income Fund Company Profile

(Get Free Report)

Principal Real Estate Income Fund (NYSE: PGZ) is a closed-end investment company that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The fund is managed by Principal Real Estate Investors, a global real estate investment management business affiliated with Principal Financial Group.

The fund invests primarily in real estate-related debt and equity securities. Its portfolio may include commercial real estate loans, mortgage-backed securities, commercial mortgage-backed securities, preferred and common stocks of real estate companies, and other securities connected to the real estate industry.

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Dividend History for Principal Real Estate Income Fund (NYSE:PGZ)

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