Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Free Report) declared a monthly dividend on Friday, April 5th, NASDAQ reports. Investors of record on Friday, April 19th will be paid a dividend of 0.048 per share by the investment management company on Tuesday, April 30th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 11.63%. The ex-dividend date of this dividend is Thursday, April 18th.
Clough Global Opportunities Fund has decreased its dividend by an average of 18.6% per year over the last three years.
Clough Global Opportunities Fund Price Performance
Shares of Clough Global Opportunities Fund stock opened at $4.95 on Wednesday. Clough Global Opportunities Fund has a 52-week low of $4.08 and a 52-week high of $5.18.
Insider Activity at Clough Global Opportunities Fund
Institutional Investors Weigh In On Clough Global Opportunities Fund
Hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada increased its position in shares of Clough Global Opportunities Fund by 11.7% in the fourth quarter. Royal Bank of Canada now owns 50,868 shares of the investment management company’s stock worth $239,000 after purchasing an additional 5,311 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of Clough Global Opportunities Fund in the fourth quarter worth approximately $58,000. Comerica Bank bought a new position in shares of Clough Global Opportunities Fund in the third quarter worth approximately $191,000. Morgan Stanley increased its position in shares of Clough Global Opportunities Fund by 12.8% in the third quarter. Morgan Stanley now owns 4,195,837 shares of the investment management company’s stock worth $18,588,000 after purchasing an additional 477,746 shares during the last quarter. Finally, Walleye Capital LLC increased its position in shares of Clough Global Opportunities Fund by 150.9% in the second quarter. Walleye Capital LLC now owns 52,945 shares of the investment management company’s stock worth $265,000 after purchasing an additional 31,846 shares during the last quarter.
Clough Global Opportunities Fund Company Profile
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.
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