Maintains a $0.06 Monthly Dividend with 14.31% Forward Yield
Shareholders to Receive Dividends from CBRE Global Real Estate Income Fund on July 31, August 30, and September 30
According to Seeking Alpha, CBRE Global Real Estate Income Fund (NYSE: IGR) has declared a steady monthly dividend of $0.06 per share, maintaining a forward yield of 14.31%. Shareholders on record by July 19 will receive payments on July 31, with subsequent payments on August 30 and September 30 for shareholders recorded by August 20 and September 20, respectively.
The fund’s regular dividend payments show its steady performance and commitment to giving investors consistent income. Even with market changes, CBRE Global Real Estate Income Fund has kept its dividends steady. If you want to get these payments, make sure you own shares by the ex-dividend dates: July 19, August 20, and September 20.
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Experts Divided on CBRE Global Real Estate Income Fund’s Growth Potential Despite High Yield
While the fund provides a high yield, experts have different opinions on its potential for price growth. Some say the fund’s ability to cover its payouts last year is a good sign, but others think there might not be much short-term growth. Investors should check the IGR Dividend Scorecard, Yield Chart, and Dividend Growth to decide if this fund is right for them.