Clough Global Opportunities Fund (NYSEAMERICAN:GLO) to Issue Monthly Dividend of $0.05

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) declared a monthly dividend on Wednesday, July 9th, Wall Street Journal reports. Stockholders of record on Wednesday, September 17th will be paid a dividend of 0.0501 per share by the investment management company on Tuesday, September 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.07%. The ex-dividend date is Wednesday, September 17th.

Clough Global Opportunities Fund Trading Up 0.9%

GLO stock opened at $5.43 on Thursday. The firm has a 50 day moving average of $5.24 and a 200 day moving average of $5.10. Clough Global Opportunities Fund has a 52 week low of $4.32 and a 52 week high of $5.60.

Institutional Trading of Clough Global Opportunities Fund

A hedge fund recently raised its stake in Clough Global Opportunities Fund stock. Royal Bank of Canada raised its holdings in shares of Clough Global Opportunities Fund (NYSEAMERICAN:GLO) by 21.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,909 shares of the investment management company’s stock after acquiring an additional 36,748 shares during the period. Royal Bank of Canada’s holdings in Clough Global Opportunities Fund were worth $1,026,000 at the end of the most recent quarter.

About Clough Global Opportunities Fund

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.