Clough Global Equity Fund (NYSEAMERICAN:GLQ) announced a monthly dividend on Monday, February 12th, Wall Street Journal reports. Stockholders of record on Tuesday, February 20th will be paid a dividend of 0.127 per share by the investment management company on Wednesday, February 28th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 11.71%. The ex-dividend date of this dividend is Friday, February 16th. This is a boost from Clough Global Equity Fund’s previous monthly dividend of $0.12.
Shares of Clough Global Equity Fund (NYSEAMERICAN GLQ) traded down $0.07 during trading on Monday, hitting $13.02. The stock had a trading volume of 67,730 shares, compared to its average volume of 82,622. Clough Global Equity Fund has a 12 month low of $11.90 and a 12 month high of $14.39.
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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