Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00404040404040413 -0.00909090909090908 -0.012121212121212
Stock impact report

IGR: NAV Erosion Likely To Continue Unless Dividends Are Reduced [Seeking Alpha]

CBRE Global Real Estate Income Fund Common Shares of Beneficial Interest (IGR) 
Company Research Source: Seeking Alpha
The fund provides a high dividend yield of 14.6% while issuing payouts on a monthly basis. The fund's aggressive dividend payout has translated to continuous NAV erosion as earnings cannot keep up. IGR now trades at an elevated price to NAV valuation, which indicates that it may not be a great time to accumulate. Getty Images Overview When I previously covered the CBRE Global Real Estate Income Fund ( IGR ), I issued a hold rating due to the questionable dividend coverage and uncertainty around interest rates. While the rest of the market sells This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this art Show less Read more
Impact Snapshot
Event Time:
IGR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for IGR alerts
Opt-in for
IGR alerts

from News Quantified
Opt-in for
IGR alerts

from News Quantified