Clough Global Opportunities Fund (NYSEAMERICAN:GLO) declared a monthly dividend on Monday, February 11th, Wall Street Journal reports. Investors of record on Tuesday, February 19th will be paid a dividend of 0.0835 per share by the investment management company on Thursday, February 28th. This represents a $1.00 dividend on an annualized basis and a yield of 10.66%. The ex-dividend date of this dividend is Friday, February 15th. This is a boost from Clough Global Opportunities Fund’s previous monthly dividend of $0.08.
Clough Global Opportunities Fund has decreased its dividend by an average of 0.2% per year over the last three years.
Shares of GLO stock traded up $0.03 during mid-day trading on Monday, reaching $9.40. The stock had a trading volume of 109,664 shares, compared to its average volume of 138,017. Clough Global Opportunities Fund has a 52-week low of $7.63 and a 52-week high of $11.53.
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Clough Global Opportunities Fund Company Profile
Clough Global Opportunities Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. It invests in public equity and fixed income markets across the globe. The fund invests in securities of companies operating across diversified sectors. For its fixed income portion, the fund invests in both investment grade and non-investment grade issues.
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