Clough Global Equity Fund (GLQ) Increases Dividend to $0.12 Per Share
Clough Global Equity Fund (NYSE:GLQ) declared a monthly dividend on Monday, November 13th, Wall Street Journal reports. Shareholders of record on Monday, November 20th will be given a dividend of 0.1194 per share by the investment management company on Thursday, November 30th. This represents a $1.43 annualized dividend and a yield of 10.75%. The ex-dividend date of this dividend is Friday, November 17th. This is an increase from Clough Global Equity Fund’s previous monthly dividend of $0.12.
Clough Global Equity Fund has decreased its dividend by an average of 1.7% per year over the last three years.
Clough Global Equity Fund (NYSE:GLQ) traded down $0.63 during trading on Monday, reaching $13.33. The company’s stock had a trading volume of 206,984 shares, compared to its average volume of 82,660. Clough Global Equity Fund has a 12-month low of $10.33 and a 12-month high of $14.05.
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About Clough Global Equity Fund
Clough Global Equity Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. It will invest approximately 80% in equity and equity-related securities in the United States and non-United States markets, and the remainder in fixed income securities, including both corporate and sovereign debt, in both the United States and non-United States markets.
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