Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a monthly dividend on Monday, May 13th, Wall Street Journal reports. Stockholders of record on Tuesday, May 21st will be paid a dividend of 0.0903 per share by the investment management company on Friday, May 31st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 11.28%. The ex-dividend date is Monday, May 20th. This is a positive change from Clough Global Opportunities Fund’s previous monthly dividend of $0.09.
Clough Global Opportunities Fund has decreased its dividend by an average of 0.2% annually over the last three years.
Shares of NYSEAMERICAN:GLO opened at $9.61 on Wednesday. Clough Global Opportunities Fund has a 1 year low of $7.63 and a 1 year high of $11.53.
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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.
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