Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Friday, October 16th will be given a dividend of $0.1050 per share on Friday, October 30th. This represents a $1.26 annualized dividend and a yield of 14.3%. The ex-dividend date of this dividend is Friday, October 16th.
Principal Real Estate Income Fund Trading Down 0.9%
PGZ opened at $8.81 on Wednesday. The business’s 50-day moving average price is $9.57 and its 200-day moving average price is $9.89. Principal Real Estate Income Fund has a 12 month low of $8.73 and a 12 month high of $10.58.
Principal Real Estate Income Fund Company Profile
Principal Real Estate Income Fund, Inc (NYSE: PGZ) is a closed-end management investment company focused on generating current income and, secondarily, long-term capital appreciation through investments related to the real estate sector.
The fund invests primarily in commercial real estate debt and equity securities. Its portfolio may include commercial mortgage-backed securities, real estate investment trusts, preferred and common stocks of real estate companies, and other securities tied to commercial property markets.
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