Clough Global Dividend and Income Fund (GLV) Plans Monthly Dividend of $0.12
Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) declared a monthly dividend on Tuesday, January 16th, Wall Street Journal reports. Shareholders of record on Monday, January 22nd will be given a dividend of 0.1218 per share by the investment management company on Wednesday, January 31st. This represents a $1.46 annualized dividend and a yield of 10.67%. The ex-dividend date of this dividend is Friday, January 19th.
Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) opened at $13.70 on Thursday. Clough Global Dividend and Income Fund has a 52-week low of $12.05 and a 52-week high of $14.39.
In other Clough Global Dividend and Income Fund news, insider Richard Carl Rantzow sold 1,741 shares of Clough Global Dividend and Income Fund stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $14.65, for a total transaction of $25,505.65. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
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Clough Global Dividend and Income Fund (the Fund), formerly Clough Global Allocation Fund, is a closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. The Fund invests in a managed mix of equity and debt securities. The Fund will not invest more than 20% of its total assets in securities rated, at the time of acquisition, below investment grade.
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