Clough Global Equity Fund (GLQ) Plans Dividend Increase – $0.12 Per Share
Clough Global Equity Fund (NYSE:GLQ) declared a monthly dividend on Tuesday, October 10th, Wall Street Journal reports. Stockholders of record on Friday, October 20th will be given a dividend of 0.1188 per share by the investment management company on Tuesday, October 31st. This represents a $1.43 dividend on an annualized basis and a dividend yield of 10.47%. The ex-dividend date is Thursday, October 19th. This is an increase from Clough Global Equity Fund’s previous monthly dividend of $0.12.
Clough Global Equity Fund has decreased its dividend by an average of 1.7% annually over the last three years.
Clough Global Equity Fund (NYSE:GLQ) traded down 0.07% during trading on Tuesday, hitting $13.62. The stock had a trading volume of 50,297 shares. Clough Global Equity Fund has a one year low of $10.33 and a one year high of $13.77. The firm has a 50 day moving average of $13.42 and a 200-day moving average of $12.97.
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About Clough Global Equity Fund
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.
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