Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV – Get Free Report) announced a monthly dividend on Tuesday, July 7th. Stockholders of record on Friday, July 17th will be paid a dividend of 0.0566 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Friday, July 17th.
Clough Global Dividend and Income Fund Price Performance
NYSEAMERICAN:GLV opened at $6.48 on Wednesday. The firm has a 50 day simple moving average of $6.39 and a 200-day simple moving average of $6.21. Clough Global Dividend and Income Fund has a 1-year low of $5.55 and a 1-year high of $6.65.
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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