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

Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.105 per share on Friday, November 22nd. This represents a $1.26 dividend on an annualized basis and a dividend yield of 11.83%. The ex-dividend date is Friday, November 8th.

Principal Real Estate Income Fund Trading Down 0.8 %

Principal Real Estate Income Fund stock opened at $10.65 on Thursday. The business’s 50 day simple moving average is $10.97 and its 200 day simple moving average is $10.51. Principal Real Estate Income Fund has a 12 month low of $8.82 and a 12 month high of $11.31.

Principal Real Estate Income Fund Company Profile

Principal Real Estate Income Fund is a closed ended balanced mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Principal Real Estate Investors, LLC. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in commercial mortgage backed securities, real estate investment trusts and REIT-like entities.