Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Declares Dividend Increase – $0.05 Per Share

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a dividend on Wednesday, April 16th, investing.com reports. Stockholders of record on Friday, April 18th will be paid a dividend of 0.0501 per share by the investment management company on Wednesday, April 30th. This represents a dividend yield of 12.85%. The ex-dividend date of this dividend is Thursday, April 17th. This is a 4.4% increase from Clough Global Opportunities Fund’s previous dividend of $0.05.

Clough Global Opportunities Fund has decreased its dividend payment by an average of 21.5% per year over the last three years.

Clough Global Opportunities Fund Price Performance

GLO traded down $0.05 during trading on Wednesday, hitting $4.64. 12,892 shares of the company’s stock were exchanged, compared to its average volume of 162,137. The stock has a 50 day moving average price of $4.99 and a 200 day moving average price of $5.09. Clough Global Opportunities Fund has a 1 year low of $4.32 and a 1 year high of $5.60.

Clough Global Opportunities Fund Company Profile

Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.