Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Stock to Pay Monthly Dividend of $0.06

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Wednesday, October 7th. Stockholders of record on Monday, October 19th will be paid a dividend of $0.0566 per share by the investment management company on Friday, October 30th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date is Monday, October 19th.

Clough Global Dividend and Income Fund Stock Performance

Clough Global Dividend and Income Fund stock traded down $0.05 during mid-day trading on Wednesday, hitting $5.77. The company’s stock had a trading volume of 25,359 shares, compared to its average volume of 43,125. The business has a 50 day moving average price of $6.08 and a 200-day moving average price of $6.19. Clough Global Dividend and Income Fund has a 12 month low of $5.74 and a 12 month high of $6.65.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund (NYSE American: GLV) is a closed-end investment company that seeks to provide current income and long-term capital appreciation. The fund invests in a diversified portfolio of securities issued by companies and other entities around the world.

Its portfolio may include dividend-paying common stocks, preferred stocks, convertible securities, corporate and government debt, and other income-producing investments. The fund may also use derivatives and other investment strategies to manage exposure, pursue income, or seek capital appreciation.

Clough Global Dividend and Income Fund is advised by Clough Capital Partners L.P., an investment management firm focused on global and alternative investment strategies.