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. Stockholders of record on Friday, July 17th will be given a dividend of 0.0566 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 10.4%. The ex-dividend date of this dividend is Friday, July 17th.

Clough Global Dividend and Income Fund Trading Down 0.8%

Shares of GLV traded down $0.05 during mid-day trading on Tuesday, reaching $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 52-week low of $5.55 and a 52-week high of $6.65. The company has a 50-day simple moving average of $6.34 and a two-hundred day simple moving average of $6.19.

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.