Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) to Issue $0.05 Monthly Dividend

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Tuesday, January 7th,NASDAQ Dividends reports. Investors of record on Friday, January 17th will be paid a dividend of 0.0526 per share by the investment management company on Friday, January 31st. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.58%. The ex-dividend date of this dividend is Friday, January 17th.

Clough Global Dividend and Income Fund has increased its dividend by an average of 48.3% per year over the last three years.

Clough Global Dividend and Income Fund Price Performance

NYSEAMERICAN GLV traded up $0.01 during trading hours on Wednesday, reaching $5.45. The company’s stock had a trading volume of 27,127 shares, compared to its average volume of 25,025. Clough Global Dividend and Income Fund has a 52 week low of $5.11 and a 52 week high of $6.30.

Clough Global Dividend and Income Fund Company Profile

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.