Clough Global Equity Fund (NYSEAMERICAN:GLQ) declared a monthly dividend on Monday, March 12th, Wall Street Journal reports. Investors of record on Monday, March 19th will be given a dividend of 0.1226 per share by the investment management company on Thursday, March 29th. This represents a $1.47 annualized dividend and a yield of 10.46%. The ex-dividend date is Friday, March 16th.
Clough Global Equity Fund (NYSEAMERICAN GLQ) traded up $0.08 during trading hours on Monday, reaching $14.06. The company had a trading volume of 34,006 shares, compared to its average volume of 68,631. Clough Global Equity Fund has a 52-week low of $11.98 and a 52-week high of $14.39.
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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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