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

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) declared a monthly dividend on Tuesday, April 7th. Investors of record on Monday, May 18th will be paid 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 is Monday, May 18th.

Clough Global Dividend and Income Fund Price Performance

NYSEAMERICAN:GLV traded up $0.01 during trading hours on Tuesday, hitting $5.87. 21,184 shares of the stock were exchanged, compared to its average volume of 41,081. Clough Global Dividend and Income Fund has a 52-week low of $5.00 and a 52-week high of $6.41. The firm’s fifty day moving average price is $6.14 and its 200 day moving average price is $6.07.

About Clough Global Dividend and Income Fund

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.