Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Increases Dividend to $0.06 Per Share

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) declared a monthly dividend on Thursday, January 8th. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.0566 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date of this dividend is Tuesday, January 20th. This is a 7.6% increase from Clough Global Dividend and Income Fund’s previous monthly dividend of $0.05.

Clough Global Dividend and Income Fund Stock Up 1.2%

Shares of Clough Global Dividend and Income Fund stock traded up $0.07 during trading hours on Thursday, reaching $6.15. 26,497 shares of the company were exchanged, compared to its average volume of 29,079. Clough Global Dividend and Income Fund has a 1 year low of $4.88 and a 1 year high of $6.35. The stock’s fifty day moving average is $6.04 and its 200 day moving average is $5.88.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.

Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.