Clough Global Dividend and Income Fund (GLV) to Issue Monthly Dividend of $0.10 on January 31st
Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Monday, January 13th, Wall Street Journal reports. Stockholders of record on Tuesday, January 21st will be given a dividend of 0.1008 per share by the investment management company on Friday, January 31st. This represents a $1.21 dividend on an annualized basis and a dividend yield of 10.81%. The ex-dividend date is Friday, January 17th.
Clough Global Dividend and Income Fund has decreased its dividend payment by an average of 3.7% per year over the last three years and has raised its dividend annually for the last 1 consecutive years.
NYSEAMERICAN GLV opened at $11.19 on Wednesday. Clough Global Dividend and Income Fund has a 12 month low of $10.41 and a 12 month high of $11.50.
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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