Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Monday, April 15th, Wall Street Journal reports. Shareholders of record on Monday, April 22nd will be paid a dividend of 0.1034 per share by the investment management company on Tuesday, April 30th. This represents a $1.24 dividend on an annualized basis and a yield of 10.94%. The ex-dividend date is Thursday, April 18th. This is a boost from Clough Global Dividend and Income Fund’s previous monthly dividend of $0.10.
Clough Global Dividend and Income Fund has decreased its dividend payment by an average of 1.7% annually over the last three years.
NYSEAMERICAN GLV remained flat at $$11.34 during trading hours on Monday. 52,581 shares of the company were exchanged, compared to its average volume of 20,219. Clough Global Dividend and Income Fund has a one year low of $9.41 and a one year high of $13.20.
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Clough Global Dividend and Income Fund Company Profile
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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