
REALTY INVESTMENT TRUST ANNOUNCES MONTHLY DIVIDEND PAYMENT OF $0.12 PER SHARE
PRINCIPAL REAL ESTATE INCOME FUND DECLARES MONTHLY DISTRIBUTIONS
New York, NY - Principal Real Estate Income Fund (NYSE: PGZ) has announced that it will distribute a monthly dividend of $0.105 per share, according to a statement released by the company.
The distribution will be made on May 15, 2025, to shareholders of record as of May 1, 2025. The ex-dividend date will be May 1, 2025.
The Principal Real Estate Income Fund is a closed-end investment company that invests in a diversified portfolio of real estate investments, including real estate investment trusts (REITs), real estate operating companies, and other real estate-related securities.
The fund's investment objective is to provide a high level of current income and capital appreciation by investing in a diversified portfolio of real estate investments. The fund is managed by Principal Global Investors, a global asset management company.
The declaration of the monthly distribution is subject to the fund's investment performance and the availability of cash. The fund's distribution policy is designed to provide a stable source of income for shareholders, while also allowing the fund to reinvest its earnings and capital to support its investment objectives.
Investors seeking more information about the Principal Real Estate Income Fund can visit the company's website at www.principal.com.