Cohen & Steers Global Income Builder, Inc (NYSE:INB) Plans Monthly Dividend of $0.07

Cohen & Steers Global Income Builder, Inc (NYSE:INB) announced a monthly dividend on Friday, December 29th, Wall Street Journal reports. Investors of record on Wednesday, January 17th will be given a dividend of 0.069 per share on Wednesday, January 31st. This represents a $0.83 dividend on an annualized basis and a yield of 7.93%. The ex-dividend date of this dividend is Tuesday, January 16th.

Cohen & Steers Global Income Builder has decreased its dividend payment by an average of 9.6% annually over the last three years.

Shares of Cohen & Steers Global Income Builder (NYSE INB) opened at $10.44 on Friday. The company has a market cap of $241.60, a price-to-earnings ratio of 26.77 and a beta of 0.94. Cohen & Steers Global Income Builder has a 1 year low of $8.74 and a 1 year high of $10.44.

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Cohen & Steers Global Income Builder Company Profile

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.

Dividend History for Cohen & Steers Global Income Builder (NYSE:INB)

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