Principal Real Estate Income Fund (NYSE:PGZ – Get Free Report) shares traded down 0.9% on Thursday . The company traded as low as $9.74 and last traded at $9.79. 18,023 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 22,445 shares. The stock had previously closed at $9.87.
Principal Real Estate Income Fund Price Performance
The stock has a 50-day moving average price of $10.12 and a 200 day moving average price of $9.62.
Principal Real Estate Income Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.105 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $1.26 dividend on an annualized basis and a dividend yield of 12.79%.
Institutional Inflows and Outflows
Principal Real Estate Income Fund Company Profile
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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