CBRE Global Real Estate Income Fund
IGRFinancial Services · Stock · monthly payer
Forward Yield
16.07%
Annual Dividend
$0.72
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 16.07% ($0.72 per share annually), with a blended fair-value estimate of $7.53 — +65% upside, so it screens as undervalued. Dividend safety grade: B (76/100).
Is IGR a good dividend stock?
YesCBRE Global Real Estate Income Fund (IGR) pays a monthly dividend yielding 16.07% ($0.72/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
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
- 16.07%
- Payout Ratio
- 240%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- 3.7%
- Ex-Dividend Date
- Sep 21, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 1.34
- Market Cap
- $684.4M
- P/E Ratio
- 15.0
- 5-Yr Total Return
- -45%
- 52-Week Range
- $4.15 – $5.28
- Dividend Safety
- B · 76/100
- Ever Cut?
- Yes (2008)
Frequently Asked Questions
IGR Price — Last 12 Months
Daily close
Price Return
1 Year
-11%
3 Years
+2%
5 Years
-45%
52-Week Range
$4.15 – $5.28
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 $7.53 per share, versus a market price of $4.57. That implies 65% of upside — a margin of safety of about 39%.
Fair Value
$7.53
Current Price
$4.57
Upside
+65%
Margin of Safety
39%
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.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
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, $0.30 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 | — | $0.0600 | regular |
| Jul 20, 2026 | — | $0.0600 | regular |
| Jun 18, 2026 | — | $0.0600 | regular |
| May 20, 2026 | — | $0.0600 | regular |
| Apr 20, 2026 | — | $0.0600 | regular |
| Mar 20, 2026 | — | $0.0600 | regular |
| Feb 20, 2026 | — | $0.0600 | regular |
| Jan 20, 2026 | — | $0.0600 | regular |
| Dec 19, 2025 | — | $0.0600 | regular |
| Nov 20, 2025 | — | $0.0600 | regular |
| Oct 20, 2025 | — | $0.0600 | regular |
| Sep 19, 2025 | — | $0.0600 | regular |
| Aug 20, 2025 | — | $0.0600 | regular |
| Jul 21, 2025 | — | $0.0600 | regular |
Income Calculator
At $0.72 / yr per share
