Principal Real Estate Income Fund (NYSE:PGZ) declared a monthly dividend on Friday, January 26th, Wall Street Journal reports. Investors of record on Friday, March 16th will be paid a dividend of 0.11 per share on Thursday, March 29th. This represents a $1.32 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date is Thursday, March 15th.
Principal Real Estate Income Fund (NYSE PGZ) opened at $16.71 on Wednesday. Principal Real Estate Income Fund has a 52 week low of $16.21 and a 52 week high of $19.52.
WARNING: “Principal Real Estate Income Fund (PGZ) to Issue Monthly Dividend of $0.11 on March 29th” was first posted by Week Herald and is owned by of Week Herald. If you are reading this piece on another publication, it was copied illegally and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece can be viewed at https://weekherald.com/2018/03/14/principal-real-estate-income-fund-pgz-to-issue-monthly-dividend-of-0-11-on-march-29th.html.
About Principal Real Estate Income Fund
Principal Real Estate Income Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek to provide high current income, with capital appreciation as a secondary investment objective, by investing in commercial real estate related securities. It will invest approximately 80% of its total assets in commercial real estate-related securities, primarily consisting of commercial mortgage backed securities (CMBS) and other United States and non-United States real estate-related securities (primarily real estate investment trusts (REITs) or REIT-like entities).
Receive News & Ratings for Principal Real Estate Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal Real Estate Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.