Clough Global Dividend and Income Fund (GLV) Announces Monthly Dividend of $0.10
Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Monday, February 11th, Wall Street Journal reports. Shareholders of record on Tuesday, February 19th will be paid a dividend of 0.0998 per share by the investment management company on Thursday, February 28th. This represents a $1.20 dividend on an annualized basis and a yield of 10.86%. The ex-dividend date is Friday, February 15th.
Clough Global Dividend and Income Fund has decreased its dividend by an average of 1.7% annually over the last three years.
GLV traded up $0.12 during trading on Monday, reaching $11.03. 20,903 shares of the stock traded hands, compared to its average volume of 22,222. Clough Global Dividend and Income Fund has a 12 month low of $9.41 and a 12 month high of $13.75.
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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