Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV – Get Free Report) declared a monthly dividend on Tuesday, July 7th. Shareholders of record on Thursday, September 17th will be given a dividend of 0.0566 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date is Thursday, September 17th.
Clough Global Dividend and Income Fund Stock Down 0.8%
Shares of GLV traded down $0.05 during trading hours on Tuesday, reaching $6.55. 32,907 shares of the stock traded hands, compared to its average volume of 43,855. Clough Global Dividend and Income Fund has a 52 week low of $5.55 and a 52 week high of $6.65. The stock has a fifty day simple moving average of $6.34 and a 200 day simple moving average of $6.19.
About Clough Global Dividend and Income Fund
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.
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