Clough Global Equity Fund (GLQ) Plans Dividend Increase – $0.12 Per Share
Clough Global Equity Fund (NYSE:GLQ) declared a monthly dividend on Friday, September 8th, Wall Street Journal reports. Investors of record on Wednesday, September 20th will be paid a dividend of 0.1187 per share by the investment management company on Friday, September 29th. This represents a $1.42 dividend on an annualized basis and a yield of 10.58%. The ex-dividend date of this dividend is Tuesday, September 19th. This is a positive change from Clough Global Equity Fund’s previous monthly dividend of $0.12.
Clough Global Equity Fund has decreased its dividend payment by an average of 1.7% per year over the last three years.
Shares of Clough Global Equity Fund (GLQ) traded down 0.59% during trading on Friday, reaching $13.46. The company had a trading volume of 17,107 shares. Clough Global Equity Fund has a 52-week low of $10.33 and a 52-week high of $13.74. The firm has a 50-day moving average price of $13.34 and a 200-day moving average price of $12.75.
Clough Global Equity Fund Company Profile
Clough Global Equity Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. It will invest approximately 80% in equity and equity-related securities in the United States and non-United States markets, and the remainder in fixed income securities, including both corporate and sovereign debt, in both the United States and non-United States markets.
Receive News & Ratings for Clough Global Equity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clough Global Equity Fund and related companies with MarketBeat.com's FREE daily email newsletter.