Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Tuesday, July 14th, Wall Street Journal reports. Stockholders of record on Friday, September 18th will be given a dividend of 0.1008 per share by the investment management company on Wednesday, September 30th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 12.42%. The ex-dividend date of this dividend is Thursday, September 17th.
Clough Global Dividend and Income Fund has decreased its dividend payment by 9.8% over the last three years and has raised its dividend annually for the last 1 consecutive years.
Shares of NYSEAMERICAN:GLV opened at $9.74 on Wednesday. Clough Global Dividend and Income Fund has a 12 month low of $5.26 and a 12 month high of $11.90.
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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