The stock of Global Real Estate Dividend Growers Corp (TSE:GRL) is a huge mover today! About 14,900 shares traded hands. Global Real Estate Dividend Growers Corp (TSE:GRL) has declined 5.33% since April 14, 2016 and is downtrending. It has underperformed by 9.76% the S&P500.
The move comes after 9 months negative chart setup for the $84.76 million company. It was reported on Nov, 18 by Barchart.com. We have $6.82 PT which if reached, will make TSE:GRL worth $10.17M less.
More news for Global Real Estate Dividend Growers Corp (TSE:GRL) were recently published by: Stockhouse.com, which released: “Global Real Estate Dividend Growers Corp. Distributions” on July 18, 2016. Forbes.com‘s article titled: “3 Dividend Growers With 4%+ Yields” and published on August 05, 2016 is yet another important article.
Global Real Estate Dividend Growers Corp. is a non-redeemable investment fund. The company has a market cap of $84.76 million. The investment objectives of the Fund are to provide equity shareholders with stable monthly cash distributions and to grow distributions over time, and enhanced long-term total return through capital appreciation of the Fund’s investment portfolio. It currently has negative earnings. The Fund focuses primarily on investing in securities of issuers operating in the global real estate sector and related industries and that have exhibited sustainable dividend growth.
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