Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV – Get Free Report) announced a monthly dividend on Monday, October 7th,Wall Street Journal reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0526 per share by the investment management company on Monday, December 30th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.22%. The ex-dividend date of this dividend is Monday, December 16th.
Clough Global Dividend and Income Fund has raised its dividend payment by an average of 52.6% per year over the last three years.
Clough Global Dividend and Income Fund Price Performance
Shares of GLV stock opened at $5.63 on Friday. Clough Global Dividend and Income Fund has a one year low of $5.01 and a one year high of $6.30.
About Clough Global Dividend and Income Fund
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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