Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Announces $0.05 Dividend

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a dividend on Wednesday, April 17th, investing.com reports. Shareholders of record on Friday, April 19th will be given a dividend of 0.048 per share by the investment management company on Tuesday, April 30th. This represents a yield of 11.63%. The ex-dividend date of this dividend is Thursday, April 18th.

Clough Global Opportunities Fund has decreased its dividend payment by an average of 18.6% annually over the last three years.

Clough Global Opportunities Fund Stock Up 1.1 %

Shares of Clough Global Opportunities Fund stock traded up $0.05 during trading on Wednesday, reaching $5.01. The company’s stock had a trading volume of 214,496 shares, compared to its average volume of 155,936. Clough Global Opportunities Fund has a fifty-two week low of $4.08 and a fifty-two week high of $5.18.

Insider Activity at Clough Global Opportunities Fund

In other news, insider Charles Clough, Jr. acquired 20,000 shares of the stock in a transaction that occurred on Wednesday, March 20th. The shares were purchased at an average cost of $5.01 per share, for a total transaction of $100,200.00. Following the transaction, the insider now directly owns 300,445 shares in the company, valued at approximately $1,505,229.45. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Hedge Funds Weigh In On Clough Global Opportunities Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of Montreal Can purchased a new stake in shares of Clough Global Opportunities Fund during the 1st quarter worth $507,000. NewEdge Advisors LLC boosted its position in shares of Clough Global Opportunities Fund by 34.5% during the 1st quarter. NewEdge Advisors LLC now owns 44,951 shares of the investment management company’s stock worth $423,000 after purchasing an additional 11,540 shares in the last quarter. Centaurus Financial Inc. boosted its position in shares of Clough Global Opportunities Fund by 96.3% during the 1st quarter. Centaurus Financial Inc. now owns 259,182 shares of the investment management company’s stock worth $2,439,000 after purchasing an additional 127,121 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of Clough Global Opportunities Fund by 10.2% during the 1st quarter. Guggenheim Capital LLC now owns 203,063 shares of the investment management company’s stock worth $1,911,000 after purchasing an additional 18,726 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of Clough Global Opportunities Fund by 9.9% during the 2nd quarter. LPL Financial LLC now owns 14,833 shares of the investment management company’s stock worth $109,000 after purchasing an additional 1,333 shares in the last quarter.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.