Clough Global Dividend and Income Fund (GLV) to Issue Monthly Dividend of $0.05 on October 31st
by Kim Johansen · The Markets DailyClough Global Dividend and Income Fund (NYSEAMERICAN:GLV – Get Free Report) announced a monthly dividend on Monday, October 7th, NASDAQ reports. Investors of record on Friday, October 18th will be paid a dividend of 0.0526 per share by the investment management company on Thursday, October 31st. This represents a $0.63 dividend on an annualized basis and a yield of 10.70%. The ex-dividend date of this dividend is Friday, October 18th.
Clough Global Dividend and Income Fund has increased its dividend payment by an average of 52.6% per year over the last three years.
Clough Global Dividend and Income Fund Stock Performance
Shares of GLV opened at $5.90 on Wednesday. Clough Global Dividend and Income Fund has a fifty-two week low of $4.70 and a fifty-two week high of $5.94.
About Clough Global Dividend and Income Fund
Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.
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