Clough Global Equity Fund Declares Monthly Dividend of $0.12 (GLQ)
Clough Global Equity Fund (NYSEAMERICAN:GLQ) announced a monthly dividend on Tuesday, January 16th, Wall Street Journal reports. Investors of record on Monday, January 22nd will be paid a dividend of 0.1213 per share by the investment management company on Wednesday, January 31st. This represents a $1.46 dividend on an annualized basis and a dividend yield of 10.42%. The ex-dividend date of this dividend is Friday, January 19th.
Shares of Clough Global Equity Fund (NYSEAMERICAN GLQ) traded down $0.03 during trading on Tuesday, hitting $13.97. The company had a trading volume of 71,243 shares, compared to its average volume of 88,444. Clough Global Equity Fund has a twelve month low of $11.22 and a twelve month high of $14.25.
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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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