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

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) declared a monthly dividend on Tuesday, April 7th. Stockholders of record on Monday, May 18th will be given a dividend of 0.0566 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend is Monday, May 18th.

Clough Global Dividend and Income Fund Price Performance

GLV stock opened at $5.87 on Wednesday. Clough Global Dividend and Income Fund has a one year low of $5.00 and a one year high of $6.41. The company’s fifty day moving average price is $6.13 and its 200-day moving average price is $6.07.

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.