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

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Tuesday, July 7th. Shareholders of record on Tuesday, August 18th will be given a dividend of 0.0566 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 10.4%. The ex-dividend date of this dividend is Tuesday, August 18th.

Clough Global Dividend and Income Fund Price Performance

Shares of NYSEAMERICAN GLV traded down $0.05 during midday trading on Tuesday, hitting $6.55. 32,907 shares of the company’s stock were exchanged, compared to its average volume of 43,855. Clough Global Dividend and Income Fund has a twelve month low of $5.55 and a twelve month high of $6.65. The firm’s fifty day simple moving average is $6.34 and its 200-day simple moving average is $6.19.

About Clough Global Dividend and Income Fund

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.