Clough Global Equity Fund (NYSEAMERICAN:GLQ) Shareholders to Collect $0.07 Monthly Dividend

Clough Global Equity Fund (NYSEAMERICAN:GLQ) declared a monthly dividend on Wednesday, October 7th. Shareholders of record on Tuesday, November 17th will be paid a dividend of $0.0729 per share by the investment management company on Monday, November 30th. This represents a $0.87 annualized dividend and a yield of 11.4%. The ex-dividend date of this dividend is Tuesday, November 17th.

Clough Global Equity Fund Trading Down 0.1%

NYSEAMERICAN:GLQ traded down $0.01 during mid-day trading on Wednesday, reaching $7.65. The stock had a trading volume of 25,232 shares, compared to its average volume of 66,914. The business’s 50 day moving average is $7.97 and its 200 day moving average is $8.14. Clough Global Equity Fund has a fifty-two week low of $7.27 and a fifty-two week high of $8.75.

Institutional Investors Weigh In On Clough Global Equity Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Concurrent Investment Advisors LLC bought a new position in Clough Global Equity Fund during the second quarter valued at about $158,000. Almitas Capital LLC bought a new stake in shares of Clough Global Equity Fund in the 2nd quarter worth approximately $2,855,000. Bank of America Corp DE bought a new stake in shares of Clough Global Equity Fund in the 2nd quarter worth approximately $2,984,000. North Ground Capital acquired a new stake in shares of Clough Global Equity Fund during the 2nd quarter worth approximately $767,990. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Clough Global Equity Fund during the 2nd quarter worth approximately $197,000.

Clough Global Equity Fund Company Profile

Clough Global Equity Fund is a closed-end investment company listed on the NYSE American under the symbol GLQ. The fund seeks to provide investors with a high level of total return through a combination of current income and capital appreciation.

The fund invests primarily in equity securities issued by companies around the world. Its portfolio may include investments across developed and emerging markets and may also hold fixed-income securities, cash, and other investments as determined by its investment strategy.