Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) to Issue Monthly Dividend of $0.06

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) declared a monthly dividend on Tuesday, July 7th. Investors of record on Thursday, September 17th will be paid a dividend of 0.0566 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend is Thursday, September 17th.

Clough Global Dividend and Income Fund Price Performance

GLV stock traded down $0.05 during midday trading on Tuesday, hitting $6.55. The stock had a trading volume of 32,907 shares, compared to its average volume of 43,855. The business has a fifty day moving average price of $6.34 and a two-hundred day moving average price of $6.19. Clough Global Dividend and Income Fund has a 1-year low of $5.55 and a 1-year high of $6.65.

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.