Cohen and Steers Global Income Builder to Issue Monthly Dividend of $0.07 (INB)

Cohen and Steers Global Income Builder (NYSE:INB) announced a monthly dividend on Thursday, September 13th, Wall Street Journal reports. Investors of record on Wednesday, December 19th will be given a dividend of 0.069 per share on Monday, December 31st. This represents a $0.83 dividend on an annualized basis and a yield of 9.29%. The ex-dividend date of this dividend is Tuesday, December 18th.

Cohen and Steers Global Income Builder has decreased its dividend by an average of 9.6% annually over the last three years.

Cohen and Steers Global Income Builder stock traded down $0.14 during mid-day trading on Friday, reaching $8.91. 143,622 shares of the company’s stock traded hands, compared to its average volume of 75,588. Cohen and Steers Global Income Builder has a 12-month low of $8.88 and a 12-month high of $10.44.

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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Dividend History for Cohen and Steers Global Income Builder (NYSE:INB)

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