Clough Global Equity Fund (NYSEAMERICAN:GLQ) declared a monthly dividend on Tuesday, July 14th, Wall Street Journal reports. Shareholders of record on Friday, September 18th will be paid a dividend of 0.1104 per share by the investment management company on Wednesday, September 30th. This represents a $1.32 annualized dividend and a yield of 11.33%. The ex-dividend date of this dividend is Thursday, September 17th.

Clough Global Equity Fund has raised its dividend by 1.8% over the last three years and has raised its dividend every year for the last 1 years.

Shares of NYSEAMERICAN GLQ opened at $11.69 on Wednesday. Clough Global Equity Fund has a 12 month low of $5.87 and a 12 month high of $12.99.

In other news, insider Clough Capital Partners, L.P. acquired 25,476 shares of the stock in a transaction dated Wednesday, August 26th. The shares were acquired at an average cost of $11.75 per share, for a total transaction of $299,343.00. Following the completion of the transaction, the insider now owns 100 shares in the company, valued at approximately $1,175. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

About Clough Global Equity Fund

Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation.

See Also: Investing in Blue-Chip Stocks

Dividend History for Clough Global Equity Fund (NYSEAMERICAN:GLQ)

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