Principal Real Estate Income Fund
PGZFinancial Services · Stock · monthly payer
$9.89
Add to PortfolioForward Yield
12.74%
Annual Dividend
$1.26
Payout Ratio
164%
5-Yr Growth
-0.9%
Ex-Date
Jun 15, 2026
Frequency
Monthly
PGZ Dividend Safety Score
51/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage164% of earnings paid out
Yield vs its historyYield in line with its history
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
Is PGZ a good dividend stock?
MixedPrincipal Real Estate Income Fund (PGZ) pays a monthly dividend yielding 12.74% ($1.26/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (164%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 12.74%
- Payout Ratio
- 164%
- Annual Dividend
- $1.26
- 5-Yr Avg Growth
- -0.9%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- —
- Market Cap
- $66.2M
- P/E Ratio
- 12.8
- 5-Yr Total Return
- -35%
- 52-Week Range
- $9.32 – $10.64
- Dividend Safety
- C · 51/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 14, 2026 | — | $0.1050 | regular |
| Apr 16, 2026 | — | $0.1050 | regular |
| Mar 17, 2026 | — | $0.1050 | regular |
| Feb 12, 2026 | — | $0.1050 | regular |
| Jan 15, 2026 | — | $0.1050 | regular |
| Dec 16, 2025 | — | $0.1050 | regular |
| Nov 7, 2025 | — | $0.1050 | regular |
| Oct 17, 2025 | — | $0.1050 | regular |
| Sep 16, 2025 | — | $0.1050 | regular |
| Aug 15, 2025 | — | $0.1050 | regular |
| Jul 17, 2025 | — | $0.1050 | regular |
| Jun 13, 2025 | — | $0.1050 | regular |
| May 15, 2025 | — | $0.1050 | regular |
| Apr 15, 2025 | — | $0.1050 | regular |
Income Calculator
At $1.26 / yr per share
Per payment (monthly)$10.50
Annual$126.00
Monthly avg$10.50
