Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Plans $0.05 Dividend

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) declared a dividend on Wednesday, April 17th, investing.com reports. Investors of record on Friday, April 19th will be paid a dividend of 0.048 per share by the investment management company on Tuesday, April 30th. This represents a yield of 11.63%. The ex-dividend date of this dividend is Thursday, April 18th.

Clough Global Opportunities Fund has decreased its dividend by an average of 18.6% per year over the last three years.

Clough Global Opportunities Fund Price Performance

GLO stock traded up $0.05 during trading on Wednesday, hitting $5.01. 214,496 shares of the company’s stock traded hands, compared to its average volume of 155,936. Clough Global Opportunities Fund has a 1 year low of $4.08 and a 1 year high of $5.18.

Insider Activity at Clough Global Opportunities Fund

In other Clough Global Opportunities Fund news, insider Charles Clough, Jr. acquired 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were bought at an average cost of $5.01 per share, with a total value of $100,200.00. Following the completion of the acquisition, the insider now directly owns 300,445 shares in the company, valued at approximately $1,505,229.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Hedge Funds Weigh In On Clough Global Opportunities Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of Clough Global Opportunities Fund by 11.7% during the fourth quarter. Royal Bank of Canada now owns 50,868 shares of the investment management company’s stock worth $239,000 after buying an additional 5,311 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of Clough Global Opportunities Fund during the fourth quarter worth $58,000. Comerica Bank acquired a new stake in shares of Clough Global Opportunities Fund during the third quarter worth $191,000. Morgan Stanley lifted its stake in shares of Clough Global Opportunities Fund by 12.8% during the third quarter. Morgan Stanley now owns 4,195,837 shares of the investment management company’s stock worth $18,588,000 after buying an additional 477,746 shares during the period. Finally, Walleye Capital LLC lifted its stake in shares of Clough Global Opportunities Fund by 150.9% during the second quarter. Walleye Capital LLC now owns 52,945 shares of the investment management company’s stock worth $265,000 after buying an additional 31,846 shares during the period.

About Clough Global Opportunities Fund

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.