Cohen and Steers Global Income Builder (NYSE:INB) announced a monthly dividend on Thursday, June 13th, Wall Street Journal reports. Stockholders of record on Wednesday, July 17th will be given a dividend of 0.062 per share on Wednesday, July 31st. This represents a $0.74 annualized dividend and a dividend yield of 8.19%. The ex-dividend date of this dividend is Tuesday, July 16th.
Cohen and Steers Global Income Builder has decreased its dividend by an average of 9.6% annually over the last three years.
INB opened at $9.08 on Friday. The stock has a 50-day moving average price of $8.71. Cohen and Steers Global Income Builder has a twelve month low of $7.16 and a twelve month high of $9.76.
Cohen and Steers Global Income Builder Company Profile
Cohen & Steers Global Income Builder, Inc is a closed-end equity mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity markets across the globe. It also invests in ADR securities. The fund also makes its investments in other close ended funds.
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