Cohen and Steers Global Income Builder (NYSE:INB) declared a monthly dividend on Thursday, June 13th, Wall Street Journal reports. Stockholders of record on Wednesday, July 17th will be paid a dividend of 0.062 per share on Wednesday, July 31st. This represents a $0.74 annualized dividend and a dividend yield of 8.19%. The ex-dividend date is Tuesday, July 16th.
Cohen and Steers Global Income Builder has decreased its dividend payment by an average of 9.6% per year over the last three years.
Shares of NYSE INB opened at $9.08 on Friday. Cohen and Steers Global Income Builder has a 1 year low of $7.16 and a 1 year high of $9.76. The company has a 50-day simple moving average of $8.71.
About Cohen and Steers Global Income Builder
Cohen & Steers Global Income Builder, Inc is a closed-end equity mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity markets across the globe. It also invests in ADR securities. The fund also makes its investments in other close ended funds.
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