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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) declared a monthly dividend on Tuesday, July 7th. Shareholders of record on Thursday, September 17th will be paid a dividend of 0.0537 per share by the investment management company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 10.7%. The ex-dividend date is Thursday, September 17th.

Clough Global Opportunities Fund Stock Performance

NYSEAMERICAN:GLO traded down $0.08 on Tuesday, reaching $6.03. The stock had a trading volume of 101,695 shares, compared to its average volume of 182,344. The company has a 50-day moving average of $5.95 and a 200 day moving average of $5.86. Clough Global Opportunities Fund has a 12-month low of $5.33 and a 12-month high of $6.18.

Institutional Investors Weigh In On Clough Global Opportunities Fund

Hedge funds have recently bought and sold shares of the business. Rivernorth Capital Management LLC lifted its holdings in Clough Global Opportunities Fund by 3.1% in the fourth quarter. Rivernorth Capital Management LLC now owns 3,078,335 shares of the investment management company’s stock worth $17,423,000 after acquiring an additional 91,928 shares during the last quarter. Saba Capital Management L.P. grew its stake in Clough Global Opportunities Fund by 14.1% during the 4th quarter. Saba Capital Management L.P. now owns 3,045,940 shares of the investment management company’s stock worth $17,240,000 after buying an additional 377,341 shares during the last quarter. Pathstone Holdings LLC acquired a new stake in Clough Global Opportunities Fund in the third quarter worth $6,861,000. North Ground Capital lifted its stake in Clough Global Opportunities Fund by 17.4% in the fourth quarter. North Ground Capital now owns 1,112,636 shares of the investment management company’s stock valued at $6,298,000 after buying an additional 165,274 shares during the last quarter. Finally, Almitas Capital LLC lifted its stake in Clough Global Opportunities Fund by 60.7% in the fourth quarter. Almitas Capital LLC now owns 790,286 shares of the investment management company’s stock valued at $4,473,000 after buying an additional 298,428 shares during the last quarter.

Clough Global Opportunities Fund Company Profile

Clough Global Opportunities Fund (NYSE American: GLO) is a closed-end management investment company that seeks to deliver attractive risk-adjusted returns through a focus on income generation and capital appreciation. Trading on the NYSE American exchange, the fund invests primarily in the equity securities of global companies operating across energy, utilities, transportation, chemicals and other infrastructure-related industries. By concentrating on sectors critical to the world’s economic growth, the fund aims to provide investors with diversified exposure to both developed and emerging markets.

The fund’s investment strategy is driven by bottom-up research and fundamental analysis.