Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Declares Monthly Dividend of $0.06
by Mitch Edgeman · The Markets DailyClough Global Dividend and Income Fund (NYSEAMERICAN:GLV – Get Free Report) announced a monthly dividend on Tuesday, April 7th. Investors of record on Wednesday, June 17th will be paid a dividend of 0.0566 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date of this dividend is Wednesday, June 17th.
Clough Global Dividend and Income Fund Price Performance
Shares of NYSEAMERICAN:GLV traded up $0.01 during trading on Tuesday, reaching $5.87. 21,184 shares of the company’s stock traded hands, compared to its average volume of 41,081. Clough Global Dividend and Income Fund has a 12 month low of $5.00 and a 12 month high of $6.41. The company has a 50 day moving average of $6.14 and a 200-day moving average of $6.07.
Clough Global Dividend and Income Fund Company Profile
Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.
Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.