Principal Real Estate Income Fund (PGZ) to Issue Monthly Dividend of $0.11 on April 30th

Principal Real Estate Income Fund (NYSE:PGZGet Free Report) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.105 per share on Wednesday, April 30th. This represents a $1.26 annualized dividend and a yield of 12.59%. The ex-dividend date of this dividend is Tuesday, April 15th.

Principal Real Estate Income Fund has increased its dividend by an average of 8.1% per year over the last three years.

Principal Real Estate Income Fund Stock Up 1.0 %

Shares of PGZ opened at $10.01 on Friday. The firm’s 50 day moving average is $10.45 and its 200-day moving average is $10.62. Principal Real Estate Income Fund has a 12-month low of $9.40 and a 12-month high of $11.31.

About Principal Real Estate Income Fund

(Get Free Report)

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.

See Also

Dividend History for Principal Real Estate Income Fund (NYSE:PGZ)

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