Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, September 16th will be given a dividend of 0.105 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 13.2%. The ex-dividend date is Wednesday, September 16th.
Principal Real Estate Income Fund Stock Performance
NYSE PGZ opened at $9.58 on Monday. The firm’s 50 day moving average price is $10.09 and its 200-day moving average price is $10.05. Principal Real Estate Income Fund has a 52-week low of $9.32 and a 52-week high of $10.64.
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.
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