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Cbre global real estate income fund director buys shares for $10,485

Published 2024-12-12, 06:08 p/m
IGR
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In a recent filing with the Securities and Exchange Commission, it was disclosed that Heidi Stam, a director at CBRE (NYSE:CBRE) Global Real Estate Income Fund (NYSE:IGR), acquired additional shares of the company. On December 11, Stam purchased 1,891 shares at a price of $5.545 per share, amounting to a total transaction value of $10,485. Following this acquisition, Stam now holds a total of 18,503.04 shares in the company. This transaction reflects Stam's direct ownership in CBRE Global Real Estate Income Fund, which currently offers an attractive 13.2% dividend yield and has maintained dividend payments for 21 consecutive years. The fund, with a market capitalization of $766 million, maintains a GOOD financial health score according to InvestingPro analysis, which offers comprehensive insider trading patterns and dividend sustainability metrics among its extensive financial analysis tools.

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