The stock of Global Real Estate Dividend Growers Corp (TSE:GRL) is a huge mover today! About 39,585 shares traded hands or 66.55% up from the average. Global Real Estate Dividend Growers Corp (TSE:GRL) has declined 5.60% since April 27, 2016 and is downtrending. It has underperformed by 11.52% the S&P500.
The move comes after 6 months negative chart setup for the $82.37M company. It was reported on Dec, 1 by Barchart.com. We have $7.06 PT which if reached, will make TSE:GRL worth $4.94 million less.
More important recent Global Real Estate Dividend Growers Corp (TSE:GRL) news were published by: Forbes.com which released: “3 Dividend Growers With 4%+ Yields” on August 05, 2016, also Forbes.com published article titled: “2 Dividend Growers Set To Soar”, Forbes.com published: “4 Dividend Growers With Heavy Insider Buying” on August 31, 2016. More interesting news about Global Real Estate Dividend Growers Corp (TSE:GRL) was released by: Forbes.com and their article: “Don’t Sell In May: Buy These 4 Dividend Growers Instead” with publication date: May 01, 2016.
Global Real Estate Dividend Growers Corp. is a non-redeemable investment fund. The company has a market cap of $82.37 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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