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PGZ Principal Real Estate Income Fund — distribution yield, history & ex-dividend dates

NYSE· Monthly distribution· Closed-End Fund

$9.58 ▲ $0.03(0.31%) as of Sep 14, 2026 03:06 UTC
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The Principal Real Estate Income Fund (PGZ) operates as a closed-end, balanced mutual fund, managed by ALPS Advisers, Inc., with Principal Real Estate Investors, LLC acting as co-manager. This fund primarily allocates capital to public equity and fixed-income securities within the United States. Its portfolio specifically targets commercial mortgage-backed securities, real estate investment trusts (REITs), and analogous entities, favoring value-oriented companies. To enhance its investment strategies, the fund employs a variety of financial derivatives, including credit default swaps, interest rate swaps, caps, floors, collars, currency futures and forwards, rate forwards, and interest rate futures. Its investment methodology is rooted in fundamental analysis, integrating both top-down macroeconomic perspectives and bottom-up security selection. This analytical framework assesses factors such as the broader economic outlook, the real estate cycle, core real estate fundamentals, and makes tactical allocation adjustments based on ongoing market valuations, quantitative analysis, and technical indicators. The fund was established on August 31, 2012, and is domiciled in the United States.

Distribution Snapshot

StatusGrowing
Latest Distribution$0.1050
Forward Annual$1.26
FrequencyMonthly
Last Ex-DateOct 16, 2026
Next Ex-DateSep 16, 2026
Next Pay DateSep 30, 2026
1-Yr Growth0.0%Annual totals, 2024–2025
10-Yr Growth-3.1%Annual totals, 2015–2025

Key Metrics

Distribution Yield

13.15%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Distribution

$1.2600

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

M Monthly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

30.3

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

24

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$9.37 – $10.57

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio

n/a

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

13

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

0.85

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 30/100, yield 13.15%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
A dividend cut or reduction appears in the record.
E Enduring
13 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume22,517Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$9.55Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$9.50 – $9.60Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$9.55Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$64.13MAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out6.69MImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPSn/aEarnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/En/aPrice-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Ex-DistributionOct 16, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateOct 30, 2026The date the dividend is actually paid into shareholders' accounts.

Distribution Growth

3-Yr Growth (CAGR)0.9%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)0.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases0 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

PGZ's distribution yield rose from 12.59% to 13.15% over the past ~90 days (+0.56 pp). Of that move, +0.00 pp came from changes in the distribution rate and +0.56 pp from the share price ($10.01 on Jun 16, 2026 → $9.58 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current13.15%
1-Yr Average12.43%
Low / High11.91% – 13.45%
Percentile98%

Across 335 daily observations over the past 16 months (through Sep 11, 2026), PGZ's current yield is higher than approximately 98% of them. Our stored price history for PGZ covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Distribution History

Distribution Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.1050 M Regular Jul 01, 2026 Oct 16, 2026 Oct 16, 2026 Oct 30, 2026
$0.1050 M Regular Jul 01, 2026 Sep 16, 2026 Sep 16, 2026 Sep 30, 2026
$0.1050 M Regular Jul 01, 2026 Aug 17, 2026 Aug 17, 2026 Aug 31, 2026
$0.1050 M Regular Apr 01, 2026 Jul 17, 2026 Jul 17, 2026 Jul 31, 2026
$0.1050 M Regular Apr 01, 2026 Jun 15, 2026 Jun 15, 2026 Jun 30, 2026
$0.1050 M Regular Mar 31, 2026 May 14, 2026 May 14, 2026 May 29, 2026
$0.1050 M Regular Jan 02, 2026 Apr 16, 2026 Apr 16, 2026 Apr 30, 2026
$0.1050 M Regular Jan 02, 2026 Mar 17, 2026 Mar 17, 2026 Mar 31, 2026
$0.1050 M Regular Jan 02, 2026 Feb 12, 2026 Feb 12, 2026 Feb 27, 2026
$0.1050 M Regular Oct 01, 2025 Jan 15, 2026 Jan 15, 2026 Jan 30, 2026
$0.1050 M Regular Oct 01, 2025 Dec 16, 2025 Dec 16, 2025 Dec 31, 2025
$0.1050 M Regular Oct 01, 2025 Nov 07, 2025 Nov 07, 2025 Nov 21, 2025
$0.1050 M Regular Jul 01, 2025 Oct 17, 2025 Oct 17, 2025 Oct 31, 2025
$0.1050 M Regular Jul 01, 2025 Sep 16, 2025 Sep 16, 2025 Sep 30, 2025
$0.1050 M Regular Jul 01, 2025 Aug 15, 2025 Aug 15, 2025 Aug 29, 2025
$0.1050 M Regular Apr 01, 2025 Jul 17, 2025 Jul 17, 2025 Jul 31, 2025
$0.1050 M Regular Apr 01, 2025 Jun 13, 2025 Jun 13, 2025 Jun 30, 2025
$0.1050 M Regular Apr 01, 2025 May 15, 2025 May 15, 2025 May 30, 2025
$0.1050 M Regular Jan 02, 2025 Apr 15, 2025 Apr 15, 2025 Apr 30, 2025
$0.1050 M Regular Jan 02, 2025 Mar 17, 2025 Mar 17, 2025 Mar 31, 2025
$0.1050 M Regular Jan 02, 2025 Feb 13, 2025 Feb 13, 2025 Feb 28, 2025
$0.1050 M Regular Oct 01, 2024 Jan 16, 2025 Jan 16, 2025 Jan 31, 2025
$0.1050 M Regular Oct 01, 2024 Dec 16, 2024 Dec 16, 2024 Dec 31, 2024
$0.1050 M Regular Oct 01, 2024 Nov 08, 2024 Nov 08, 2024 Nov 22, 2024
$0.1050 M Regular Jul 01, 2024 Oct 17, 2024 Oct 17, 2024 Oct 31, 2024
$0.1050 M Regular Jul 01, 2024 Sep 16, 2024 Sep 16, 2024 Sep 30, 2024
$0.1050 M Regular Jul 01, 2024 Aug 16, 2024 Aug 16, 2024 Aug 30, 2024
$0.1050 M Regular Apr 01, 2024 Jul 17, 2024 Jul 17, 2024 Jul 31, 2024
$0.1050 M Regular Apr 01, 2024 Jun 13, 2024 Jun 13, 2024 Jun 28, 2024
$0.1050 M Regular Apr 01, 2024 May 15, 2024 May 16, 2024 May 31, 2024
$0.1050 M Regular Jan 02, 2024 Apr 15, 2024 Apr 16, 2024 Apr 30, 2024
$0.1050 M Regular Jan 02, 2024 Mar 13, 2024 Mar 14, 2024 Mar 28, 2024
$0.1050 M Regular Jan 02, 2024 Feb 13, 2024 Feb 14, 2024 Feb 29, 2024
$0.1050 M Regular Oct 02, 2023 Jan 16, 2024 Jan 17, 2024 Jan 31, 2024
$0.1050 M Regular Oct 02, 2023 Dec 13, 2023 Dec 14, 2023 Dec 29, 2023
$0.1050 M Regular Oct 02, 2023 Nov 15, 2023 Nov 15, 2023 Nov 30, 2023
$0.1050 M Regular Jul 03, 2023 Oct 16, 2023 Oct 17, 2023 Oct 31, 2023
$0.1050 M Regular Jul 03, 2023 Sep 14, 2023 Sep 15, 2023 Sep 29, 2023
$0.1050 M Regular Jul 03, 2023 Aug 16, 2023 Aug 17, 2023 Aug 31, 2023
$0.1050 M Regular Apr 03, 2023 Jul 17, 2023 Jul 18, 2023 Jul 31, 2023
$0.1050 M Regular Apr 03, 2023 Jun 15, 2023 Jun 16, 2023 Jun 30, 2023
$0.1050 M Regular Apr 03, 2023 May 15, 2023 May 16, 2023 May 31, 2023
$0.1050 M Regular Jan 03, 2023 Apr 13, 2023 Apr 14, 2023 Apr 28, 2023
$0.1050 M Regular Jan 03, 2023 Mar 16, 2023 Mar 17, 2023 Mar 31, 2023
$0.1050 M Regular Jan 03, 2023 Feb 09, 2023 Feb 10, 2023 Feb 28, 2023
$0.1050 M Regular Oct 03, 2022 Jan 12, 2023 Jan 13, 2023 Jan 31, 2023
$0.1050 M Regular Oct 03, 2022 Dec 14, 2022 Dec 15, 2022 Dec 30, 2022
$0.1050 M Regular Oct 03, 2022 Nov 14, 2022 Nov 15, 2022 Nov 30, 2022
$0.1050 M Regular Jul 01, 2022 Oct 13, 2022 Oct 14, 2022 Oct 31, 2022
$0.1050 M Regular Jul 06, 2022 Sep 15, 2022 Sep 16, 2022 Sep 30, 2022
$0.1050 M Regular Jul 06, 2022 Aug 16, 2022 Aug 17, 2022 Aug 31, 2022
$0.1050 M Regular Apr 06, 2022 Jul 14, 2022 Jul 15, 2022 Jul 29, 2022
$0.1050 M Regular Apr 05, 2022 Jun 15, 2022 Jun 16, 2022 Jun 30, 2022
$0.1050 M Regular Apr 05, 2022 May 12, 2022 May 13, 2022 May 31, 2022
$0.1000 M Regular Jan 06, 2022 Apr 13, 2022 Apr 14, 2022 Apr 29, 2022
$0.1000 M Regular Jan 05, 2022 Mar 16, 2022 Mar 17, 2022 Mar 31, 2022
$0.1000 M Regular Jan 05, 2022 Feb 10, 2022 Feb 11, 2022 Feb 28, 2022
$0.0870 M Regular Oct 06, 2021 Jan 13, 2022 Jan 14, 2022 Jan 31, 2022
$0.0870 M Regular Oct 05, 2021 Dec 15, 2021 Dec 16, 2021 Dec 31, 2021
$0.0870 M Regular Oct 05, 2021 Nov 10, 2021 Nov 12, 2021 Nov 30, 2021
$0.0850 M Regular Jul 07, 2021 Oct 14, 2021 Oct 15, 2021 Oct 29, 2021
$0.0850 M Regular Jul 06, 2021 Sep 15, 2021 Sep 16, 2021 Sep 30, 2021
$0.0850 M Regular Jul 06, 2021 Aug 16, 2021 Aug 17, 2021 Aug 31, 2021
$0.0830 M Regular Apr 07, 2021 Jul 15, 2021 Jul 16, 2021 Jul 30, 2021
$0.0825 M Regular Apr 06, 2021 Jun 15, 2021 Jun 16, 2021 Jun 30, 2021
$0.0825 M Regular Apr 06, 2021 May 13, 2021 May 14, 2021 May 28, 2021
$0.0800 M Regular Jan 07, 2021 Apr 15, 2021 Apr 16, 2021 Apr 30, 2021
$0.0800 M Regular Jan 06, 2021 Mar 16, 2021 Mar 17, 2021 Mar 31, 2021
$0.0800 M Regular Jan 06, 2021 Feb 10, 2021 Feb 11, 2021 Feb 26, 2021
$0.0800 M Regular Oct 08, 2020 Jan 14, 2021 Jan 15, 2021 Jan 29, 2021
$0.0800 M Regular Oct 07, 2020 Dec 16, 2020 Dec 17, 2020 Dec 31, 2020
$0.0800 M Regular Oct 07, 2020 Nov 12, 2020 Nov 13, 2020 Nov 30, 2020
$0.1100 M Regular Jul 07, 2020 Oct 15, 2020 Oct 16, 2020 Oct 30, 2020
$0.1100 M Regular Jul 06, 2020 Sep 15, 2020 Sep 16, 2020 Sep 30, 2020
$0.1100 M Regular Jul 06, 2020 Aug 13, 2020 Aug 14, 2020 Aug 31, 2020
$0.1100 M Regular Apr 17, 2020 Jul 16, 2020 Jul 17, 2020 Jul 31, 2020
$0.1100 M Regular Apr 16, 2020 Jun 15, 2020 Jun 16, 2020 Jun 30, 2020
$0.1100 M Regular Apr 16, 2020 May 14, 2020 May 15, 2020 May 29, 2020
$0.1100 M Regular Jan 09, 2020 Apr 15, 2020 Apr 16, 2020 Apr 30, 2020
$0.1100 M Regular Jan 08, 2020 Mar 16, 2020 Mar 17, 2020 Mar 31, 2020
$0.1100 M Regular Jan 08, 2020 Feb 13, 2020 Feb 14, 2020 Feb 28, 2020
$0.1100 M Regular Oct 09, 2019 Jan 15, 2020 Jan 16, 2020 Jan 31, 2020
$0.1100 M Regular Oct 09, 2019 Dec 16, 2019 Dec 17, 2019 Dec 31, 2019
$0.1100 M Regular Oct 09, 2019 Nov 14, 2019 Nov 15, 2019 Nov 29, 2019
$0.1100 M Regular Jul 12, 2019 Oct 11, 2019 Oct 15, 2019 Oct 31, 2019
$0.1100 M Regular Jul 12, 2019 Sep 16, 2019 Sep 17, 2019 Sep 30, 2019
$0.1100 M Regular Jul 12, 2019 Aug 14, 2019 Aug 15, 2019 Aug 30, 2019
$0.1100 M Regular Apr 05, 2019 Jul 16, 2019 Jul 17, 2019 Jul 31, 2019
$0.1100 M Regular Apr 05, 2019 Jun 13, 2019 Jun 14, 2019 Jun 28, 2019
$0.1100 M Regular Apr 05, 2019 May 16, 2019 May 17, 2019 May 31, 2019
$0.1100 M Regular Jan 04, 2019 Apr 17, 2019 Apr 18, 2019 Apr 30, 2019
$0.1100 M Regular Jan 04, 2019 Mar 14, 2019 Mar 15, 2019 Mar 29, 2019
$0.1100 M Regular Jan 04, 2019 Feb 14, 2019 Feb 15, 2019 Feb 28, 2019
$0.1100 M Regular Nov 05, 2018 Jan 17, 2019 Jan 18, 2019 Jan 31, 2019
$0.1100 M Regular Nov 05, 2018 Dec 17, 2018 Dec 18, 2018 Dec 31, 2018
$0.1100 M Regular Nov 01, 2018 Nov 15, 2018 Nov 16, 2018 Nov 30, 2018
$0.1100 M Regular Jul 27, 2018 Oct 16, 2018 Oct 17, 2018 Oct 31, 2018
$0.1100 M Regular Jul 27, 2018 Sep 13, 2018 Sep 14, 2018 Sep 28, 2018
$0.1100 M Regular Jul 27, 2018 Aug 16, 2018 Aug 17, 2018 Aug 31, 2018
$0.1100 M Regular Apr 27, 2018 Jul 16, 2018 Jul 17, 2018 Jul 26, 2018
$0.1100 M Regular Apr 27, 2018 Jun 18, 2018 Jun 19, 2018 Jun 28, 2018
$0.1100 M Regular Apr 27, 2018 May 21, 2018 May 22, 2018 May 31, 2018
$0.1100 M Regular Jan 26, 2018 Apr 12, 2018 Apr 13, 2018 Apr 26, 2018
$0.1100 M Regular Jan 26, 2018 Mar 15, 2018 Mar 16, 2018 Mar 29, 2018
$0.1100 M Regular Jan 26, 2018 Feb 15, 2018 Feb 16, 2018 Feb 28, 2018
$0.1100 M Regular Sep 13, 2017 Jan 11, 2018 Jan 12, 2018 Jan 25, 2018
$0.1100 M Regular Sep 13, 2017 Dec 14, 2017 Dec 15, 2017 Dec 28, 2017
$0.1100 M Regular Sep 13, 2017 Nov 16, 2017 Nov 17, 2017 Nov 30, 2017
$0.1100 M Regular Aug 07, 2017 Oct 12, 2017 Oct 13, 2017 Oct 26, 2017
$0.1450 M Regular Aug 07, 2017 Sep 14, 2017 Sep 15, 2017 Sep 28, 2017
$0.1450 M Regular Aug 07, 2017 Aug 10, 2017 Aug 14, 2017 Aug 24, 2017
$0.1450 M Regular Apr 27, 2017 Jul 13, 2017 Jul 17, 2017 Jul 26, 2017
$0.1450 M Regular Apr 27, 2017 Jun 15, 2017 Jun 19, 2017 Jun 28, 2017
$0.1450 M Regular Apr 27, 2017 May 18, 2017 May 22, 2017 May 31, 2017
$0.1450 M Regular Jan 27, 2017 Apr 12, 2017 Apr 17, 2017 Apr 26, 2017
$0.1450 M Regular Jan 27, 2017 Mar 16, 2017 Mar 20, 2017 Mar 29, 2017
$0.1450 M Regular Jan 27, 2017 Feb 16, 2017 Feb 21, 2017 Feb 28, 2017
$0.1450 M Regular Oct 28, 2016 Jan 12, 2017 Jan 17, 2017 Jan 26, 2017
$0.1450 M Regular Oct 28, 2016 Dec 15, 2016 Dec 19, 2016 Dec 28, 2016
$0.1450 M Regular Oct 28, 2016 Nov 17, 2016 Nov 21, 2016 Nov 30, 2016

Peer Comparison

Selected closed-end fund distribution payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
ENI-UN.TO Energy Income Fund 5.02% 0.0% 0 yrs 88
SOR Source Capital, Inc. 5.42% 8.8% 0 yrs 87
MXF The Mexico Fund, Inc. 6.57% 16.9% 4 yrs 85
FCR-UN.TO First Capital Real Estate Investment Trust 4.03% 0.6% 1 yr 84

PGZ dividend — frequently asked questions

Does Principal Real Estate Income Fund pay a dividend?

Yes. Principal Real Estate Income Fund (PGZ) currently pays a dividend. The annualized dividend is about $1.26 per share, a yield of approximately 13.15%.

What is Principal Real Estate Income Fund's dividend yield?

Principal Real Estate Income Fund's dividend yield is approximately 13.15%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Principal Real Estate Income Fund pay dividends?

Principal Real Estate Income Fund pays dividends monthly — 12 times per year.

When is Principal Real Estate Income Fund's next ex-dividend date?

The next ex-dividend date on record for Principal Real Estate Income Fund is September 16, 2026. The associated payment is $0.1050 per share; you must own the shares before the ex-dividend date to receive it.

How long has Principal Real Estate Income Fund paid dividends?

Principal Real Estate Income Fund has 13 years of dividend payments on record.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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