Clough Global Equity Fund (NYSEAMERICAN:GLQ – Get Free Report) announced a — dividend on Monday, October 7th,Wall Street Journal reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.0603 per share by the investment management company on Monday, December 30th. This represents a dividend yield of 10.4%. The ex-dividend date of this dividend is Monday, December 16th.
Clough Global Equity Fund has decreased its dividend by an average of 18.4% per year over the last three years.
Clough Global Equity Fund Stock Up 0.4 %
Shares of NYSEAMERICAN:GLQ opened at $6.91 on Friday. Clough Global Equity Fund has a 1-year low of $5.79 and a 1-year high of $7.30.
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.
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