Principal Real Estate Income Fund (PGZ) recently announced a dividend of $0.105 per share, consistent with the average of the last ten dividends. The ex-dividend date is scheduled for Jun 13, 2025, followed by the dividend payment date on Jun 30, 2025. The company previously distributed a dividend of $0.105 per share on May 30, 2025. Both dividends are classified as cash dividends.
Recently, Principal Real Estate Income Fund has been in the spotlight due to several key developments. Analysts have downgraded
stock from Hold/Accumulate to a Sell candidate as of Jun 9, 2025. The stock declined by 0.190% on Jun 9th, 2025, closing at $10.52, a slight drop from $10.54. Over the past week, the stock price has fluctuated significantly, with a daily volatility of 0.87%. Despite a recent increase in volume, analysts are concerned about the divergence between rising volume and falling prices, indicating potential risks.
In recent updates, Principal Real Estate Income Fund experienced a Golden Star Signal on Mar 28th, 2025, suggesting long-term growth potential. However, recent technical indicators present mixed signals, with a buy signal from the Moving Average Convergence Divergence (MACD) and a sell signal from a pivot top point on Jun 6th, 2025. The stock is nearing resistance at $10.53, with support from accumulated volume at $10.48, which could provide a buying opportunity.
Since the last update, a dividend warning has been issued for PGZ, indicating that the ex-dividend date is approaching on Jun 13, 2025. Investors who purchase PGZ shares after this date will not be eligible for the upcoming dividend.
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