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

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Investors of record on Friday, August 16th will be paid a dividend of 0.0526 per share by the investment management company on Friday, August 30th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.03%. The ex-dividend date of this dividend is Friday, August 16th.

Clough Global Dividend and Income Fund has raised its dividend by an average of 52.6% per year over the last three years.

Clough Global Dividend and Income Fund Trading Up 1.1 %

Clough Global Dividend and Income Fund stock opened at $5.72 on Wednesday. Clough Global Dividend and Income Fund has a 52 week low of $4.70 and a 52 week high of $5.93.

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.