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.

COPYRIGHT VIOLATION WARNING: “Clough Global Equity Fund (GLQ) Plans Dividend Increase – $0.12 Per Share” was first posted by American Banking News and is the property of of American Banking News. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/10/10/clough-global-equity-fund-glq-plans-dividend-increase-0-12-per-share-2.html.

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.

Dividend History for Clough Global Equity Fund (NYSE:GLQ)

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.