Clough Global Dividend and Income Fund (GLV) to Issue Monthly Dividend of $0.06 on March 31st

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) declared a monthly dividend on Thursday, January 8th. Stockholders of record on Wednesday, March 18th will be paid a dividend of 0.0566 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date is Wednesday, March 18th.

Clough Global Dividend and Income Fund Price Performance

Shares of GLV stock opened at $6.09 on Monday. Clough Global Dividend and Income Fund has a 12-month low of $4.88 and a 12-month high of $6.41. The firm has a fifty day moving average of $6.22 and a 200-day moving average of $6.06.

Clough Global Dividend and Income Fund Company Profile

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.