The Boards of Directors of Cohen & Steers Global Income Builder Inc. announced a change of the dividend distribution schedules from quarterly to monthly, beginning in October, 2016. The Board of Directors also declared the monthly distributions of $0.077 per share for October 2016, November 2016 and December 2016. The dividend payable on October 31, 2016, November 30, 2016 and December 30, 2016, to the shareholders recorded on October 20, 2016, November 18, 2016 and December 13, 2016 and ex -date is on October 18, 2016, November 16, 2016 and December 9, 2016 respectively.