Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Declares Monthly Dividend of $0.05

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a monthly dividend on Friday, April 5th, NASDAQ reports. Investors of record on Friday, April 19th will be paid a dividend of 0.048 per share by the investment management company on Tuesday, April 30th. This represents a $0.58 dividend on an annualized basis and a yield of 11.64%. The ex-dividend date is Thursday, April 18th.

Clough Global Opportunities Fund has decreased its dividend by an average of 18.6% annually over the last three years.

Clough Global Opportunities Fund Stock Performance

Shares of NYSEAMERICAN:GLO opened at $4.95 on Tuesday. Clough Global Opportunities Fund has a one year low of $4.08 and a one year high of $5.18.

Insider Buying and Selling at Clough Global Opportunities Fund

In other Clough Global Opportunities Fund news, insider Charles Clough, Jr. bought 20,000 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was bought at an average price of $5.01 per share, for a total transaction of $100,200.00. Following the transaction, the insider now owns 300,445 shares of the company’s stock, valued at approximately $1,505,229.45. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley boosted its position in shares of Clough Global Opportunities Fund by 12.8% during the third quarter. Morgan Stanley now owns 4,195,837 shares of the investment management company’s stock worth $18,588,000 after purchasing an additional 477,746 shares in the last quarter. Centaurus Financial Inc. raised its holdings in Clough Global Opportunities Fund by 96.3% during the 1st quarter. Centaurus Financial Inc. now owns 259,182 shares of the investment management company’s stock worth $2,439,000 after buying an additional 127,121 shares during the period. Guggenheim Capital LLC raised its position in Clough Global Opportunities Fund by 10.2% in the 1st quarter. Guggenheim Capital LLC now owns 203,063 shares of the investment management company’s stock valued at $1,911,000 after buying an additional 18,726 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Clough Global Opportunities Fund by 310.4% during the 1st quarter. JPMorgan Chase & Co. now owns 103,537 shares of the investment management company’s stock worth $506,000 after buying an additional 78,311 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in Clough Global Opportunities Fund by 35.1% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 69,588 shares of the investment management company’s stock valued at $353,000 after purchasing an additional 18,062 shares in the last quarter.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.