CBRE Global Real Estate Income Fund
IGRFinancial Services · Stock · monthly payer
Forward Yield
17.22%
Annual Dividend
$2.16
Payout Ratio
240%
5-Yr Growth
3.7%
Ex-Date
Sep 21, 2026
Frequency
Monthly
Summary
As of September 2026, CBRE Global Real Estate Income Fund (IGR) yields 17.22% ($2.16 per share annually), with a blended fair-value estimate of $6.53 — +46% upside, so it screens as undervalued. Dividend safety grade: B (71/100).
Is IGR a good dividend stock?
Yes, with caveatsCBRE Global Real Estate Income Fund (IGR) pays a monthly dividend yielding 17.22% ($2.16/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2008
- Elevated payout ratio (240%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 17.22%
- Payout Ratio
- 240%
- Annual Dividend
- $2.16
- 5-Yr Avg Growth
- 3.7%
- Ex-Dividend Date
- Sep 21, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 1.33
- Market Cap
- $638.9M
- P/E Ratio
- 13.9
- 5-Yr Total Return
- -50%
- 52-Week Range
- $12.45 – $15.84
- Dividend Safety
- B · 71/100
- Ever Cut?
- Yes (2008)
Frequently Asked Questions
IGR Price — Last 12 Months
Daily close
Price Return
1 Year
-18%
3 Years
-6%
5 Years
-50%
52-Week Range
$12.45 – $15.84
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IGR worth?
Undervaluedlow confidenceOur blended fair-value estimate for CBRE Global Real Estate Income Fund is $6.53 per share, versus a market price of $4.49. That implies 46% of upside — a margin of safety of about 31%.
Fair Value
$6.53
Current Price
$4.49
Upside
+46%
Margin of Safety
31%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.90 EPS, $0.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IGR Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 20, 2026 | — | $0.1800 | regular |
| Aug 20, 2026 | — | $0.0600 | regular |
| Jul 20, 2026 | — | $0.1800 | regular |
| Jul 20, 2026 | — | $0.0600 | regular |
| Jun 18, 2026 | — | $0.1800 | regular |
| Jun 18, 2026 | — | $0.0600 | regular |
| May 20, 2026 | — | $0.1800 | regular |
| May 20, 2026 | — | $0.0600 | regular |
| Apr 20, 2026 | — | $0.1800 | regular |
| Apr 20, 2026 | — | $0.0600 | regular |
| Mar 20, 2026 | — | $0.1800 | regular |
| Mar 20, 2026 | — | $0.0600 | regular |
| Feb 20, 2026 | — | $0.1800 | regular |
| Feb 20, 2026 | — | $0.0600 | regular |
Income Calculator
At $2.16 / yr per share
