Principal Real Estate Income Fund (NYSE:PGZ) Declares $0.11 Monthly Dividend

Principal Real Estate Income Fund (NYSE:PGZGet Free Report) announced a monthly dividend on Tuesday, January 2nd, NASDAQ reports. Stockholders of record on Wednesday, February 14th will be given a dividend of 0.105 per share on Thursday, February 29th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 12.39%. The ex-dividend date of this dividend is Tuesday, February 13th.

Principal Real Estate Income Fund Trading Up 0.2 %

Shares of NYSE:PGZ opened at $10.17 on Monday. The business’s fifty day moving average price is $9.57 and its two-hundred day moving average price is $9.33. Principal Real Estate Income Fund has a fifty-two week low of $8.46 and a fifty-two week high of $11.60.

Institutional Trading of Principal Real Estate Income Fund

A number of large investors have recently bought and sold shares of PGZ. International Assets Investment Management LLC acquired a new position in Principal Real Estate Income Fund in the first quarter worth $157,000. Saba Capital Management L.P. lifted its stake in Principal Real Estate Income Fund by 17.2% in the first quarter. Saba Capital Management L.P. now owns 429,802 shares of the company’s stock valued at $6,756,000 after buying an additional 63,082 shares during the period. Royal Bank of Canada lifted its stake in Principal Real Estate Income Fund by 25.1% in the first quarter. Royal Bank of Canada now owns 71,751 shares of the company’s stock valued at $1,128,000 after buying an additional 14,388 shares during the period. UBS Group AG lifted its stake in Principal Real Estate Income Fund by 12.0% in the third quarter. UBS Group AG now owns 16,574 shares of the company’s stock valued at $183,000 after buying an additional 1,771 shares during the period. Finally, Raymond James & Associates lifted its stake in Principal Real Estate Income Fund by 10.3% in the fourth quarter. Raymond James & Associates now owns 35,925 shares of the company’s stock valued at $372,000 after buying an additional 3,344 shares during the period.

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.

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

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