CBRE Clarion Global Real Estate Income Fund About To Put More Money In Your Pocket (IGR)

Looking at the universe of stocks we cover at Dividend Channel, on 10/21/13, CBRE Clarion Global Real Estate Income Fund ( IGR) will trade ex-dividend, for its monthly dividend of $0.045, payable on 10/31/13. As a percentage of IGR's recent stock price of $8.16, this dividend works out to approximately 0.55%, so look for shares of CBRE Clarion Global Real Estate Income Fund to trade 0.55% lower — all else being equal — when IGR shares open for trading on 10/21/13.

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Below is a dividend history chart for IGR, showing historical dividends prior to the most recent $0.045 declared by CBRE Clarion Global Real Estate Income Fund:

IGR+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IGR is likely to continue, and whether the current estimated yield of 6.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IGR shares, versus its 200 day moving average:

CBRE Clarion Global Real Estate Income Fund 200 Day Moving Average Chart

Looking at the chart above, IGR's low point in its 52 week range is $7.69 per share, with $10.37 as the 52 week high point — that compares with a last trade of $8.16.

In Thursday trading, CBRE Clarion Global Real Estate Income Fund shares are currently down about 0.4% on the day.

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