Principal Real Estate Income Fund (NYSE:PGZ) to Issue Monthly Dividend of $0.11

by · The Cerbat Gem

Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) declared a monthly dividend on Friday, January 2nd. Investors of record on Thursday, February 12th will be given a dividend of 0.105 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 12.2%. The ex-dividend date is Thursday, February 12th.

Principal Real Estate Income Fund Stock Up 0.2%

NYSE:PGZ opened at $10.34 on Tuesday. Principal Real Estate Income Fund has a 52 week low of $9.24 and a 52 week high of $10.76. The firm’s 50-day simple moving average is $10.07 and its 200 day simple moving average is $10.28.

About Principal Real Estate Income Fund

(Get Free Report)

Principal Real Estate Income Fund Inc (NYSE: PGZ) is a diversified, closed-end management investment company that seeks a high level of current income and capital appreciation through investments in real estate securities. Launched in 2015 and managed by Principal Real Estate Investors, LLC, the fund primarily targets publicly traded equity and mortgage real estate investment trusts (REITs), as well as real estate operating companies. It offers investors access to a broad real estate portfolio that may include residential, office, industrial, retail and specialty property sectors.

The fund’s investment approach emphasizes a balance between income generation and total return potential.

Featured Stories