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Stock impact report

CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for February

CBRE Global Real Estate Income Fund Common Shares of Beneficial Interest (IGR) 
Company Research Source: Business Wire
PHILADELPHIA--(BUSINESS WIRE)--The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) has declared a monthly distribution of $0.05 per share for the month of February 2020. The following dates apply: Declaration DateEx-Dividend DateRecord DatePayable DateFebruary 202002-03-202002-19-202002-20-202002-28-2020IGR’s current annualized distribution rate is 7.3% based on the closing market price of $8.24 on February 5, 2020, and 6.7% based on a closing NAV of $9.00 as of the same date.Future earnings of the Fund cannot be guaranteed, and the Fund’s distribution policy is subject to change. For more information on the Fund, please visit www.cbreclarion.com.The Fund’s monthly distribution is set by its Board of Trustees. The Board reviews the Fund’s distribution on a quarterly basis in view of its net investment income, realized and unrealized gains, and other net unrealized appreciation or income expected during the remainder of the year. The Fu Show less Read more
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