Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Plans $0.05 Monthly Dividend

by · The Markets Daily

Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Free Report) announced a monthly dividend on Thursday, January 8th. Stockholders of record on Wednesday, February 18th will be paid a dividend of 0.0537 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend is Wednesday, February 18th.

Clough Global Opportunities Fund Trading Up 0.5%

Shares of GLO stock traded up $0.03 on Thursday, reaching $5.81. 216,134 shares of the stock were exchanged, compared to its average volume of 294,367. The firm has a 50 day moving average of $5.69 and a two-hundred day moving average of $5.60. Clough Global Opportunities Fund has a 1-year low of $4.32 and a 1-year high of $5.88.

Clough Global Opportunities Fund Company Profile

(Get Free Report)

Clough Global Opportunities Fund (NYSE American: GLO) is a closed-end management investment company that seeks to deliver attractive risk-adjusted returns through a focus on income generation and capital appreciation. Trading on the NYSE American exchange, the fund invests primarily in the equity securities of global companies operating across energy, utilities, transportation, chemicals and other infrastructure-related industries. By concentrating on sectors critical to the world’s economic growth, the fund aims to provide investors with diversified exposure to both developed and emerging markets.

The fund’s investment strategy is driven by bottom-up research and fundamental analysis.

Recommended Stories