Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a monthly dividend on Monday, April 15th, Wall Street Journal reports. Investors of record on Monday, April 22nd will be given a dividend of 0.0893 per share by the investment management company on Tuesday, April 30th. This represents a $1.07 dividend on an annualized basis and a yield of 11.02%. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from Clough Global Opportunities Fund’s previous monthly dividend of $0.09.
Clough Global Opportunities Fund has decreased its dividend payment by an average of 0.2% annually over the last three years.
Shares of NYSEAMERICAN:GLO traded up $0.02 during midday trading on Thursday, hitting $9.72. The company had a trading volume of 122,800 shares, compared to its average volume of 118,537. Clough Global Opportunities Fund has a 12 month low of $7.63 and a 12 month high of $11.53.
Clough Global Opportunities Fund Company Profile
Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.
Further Reading: Understanding Specialty Certificates of Deposit
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