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 Thursday, January 8th. Investors of record on Wednesday, February 18th will be given a dividend of 0.0566 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Wednesday, February 18th.

Clough Global Dividend and Income Fund Price Performance

NYSEAMERICAN GLV traded up $0.07 during trading hours on Thursday, hitting $6.15. The company had a trading volume of 26,497 shares, compared to its average volume of 29,079. Clough Global Dividend and Income Fund has a fifty-two week low of $4.88 and a fifty-two week high of $6.35. The business has a fifty day simple moving average of $6.04 and a 200-day simple moving average of $5.88.

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.