Cohen & Steers Global Income Builder, Inc (NYSE:INB) declared a monthly dividend on Friday, December 29th, Wall Street Journal reports. Investors of record on Wednesday, March 21st will be given a dividend of 0.069 per share on Thursday, March 29th. This represents a $0.83 annualized dividend and a dividend yield of 7.93%. The ex-dividend date is Tuesday, March 20th.
Cohen & Steers Global Income Builder has decreased its dividend by an average of 9.6% annually over the last three years.
Cohen & Steers Global Income Builder (NYSE INB) traded up $0.03 during mid-day trading on Friday, hitting $10.44. 52,884 shares of the company traded hands, compared to its average volume of 86,555. Cohen & Steers Global Income Builder has a 52 week low of $8.74 and a 52 week high of $10.44. The company has a market cap of $241.60, a price-to-earnings ratio of 26.77 and a beta of 0.94.
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About Cohen & Steers Global Income Builder
Cohen & Steers Global Income Builder, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return with an emphasis on high current income. The Fund invests in various industry sectors, such as financial, technology, healthcare, industrials, real estate, consumer-non-cyclical, consumer-cyclical, energy, closed-end funds, materials, banks-foreign, consumer discretionary, consumer staples, pipelines, communications, telecommunication services, automotive, gas distribution, pipelines-C-Corp, railways, electric, banks, toll roads, insurance, water, airports, hotel, integrated electric insurance-foreign and other.
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