Clough Global Equity Fund (GLQ) to Issue Monthly Dividend of $0.07 on July 31st

Clough Global Equity Fund (NYSEAMERICAN:GLQGet Free Report) declared a monthly dividend on Tuesday, July 7th. Investors of record on Friday, July 17th will be paid a dividend of 0.0729 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date is Friday, July 17th.

Clough Global Equity Fund Stock Up 0.7%

GLQ opened at $8.49 on Wednesday. The business has a 50 day moving average price of $8.48 and a two-hundred day moving average price of $8.14. Clough Global Equity Fund has a 52 week low of $7.13 and a 52 week high of $8.75.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Rivernorth Capital Management LLC lifted its holdings in shares of Clough Global Equity Fund by 2.6% during the fourth quarter. Rivernorth Capital Management LLC now owns 1,328,400 shares of the investment management company’s stock worth $10,176,000 after purchasing an additional 33,518 shares during the period. Saba Capital Management L.P. raised its position in Clough Global Equity Fund by 87.8% during the 4th quarter. Saba Capital Management L.P. now owns 1,005,110 shares of the investment management company’s stock worth $7,699,000 after buying an additional 469,857 shares during the last quarter. Verition Fund Management LLC raised its position in Clough Global Equity Fund by 70.6% during the 3rd quarter. Verition Fund Management LLC now owns 483,270 shares of the investment management company’s stock worth $3,678,000 after buying an additional 200,045 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Clough Global Equity Fund by 4.0% in the 1st quarter. Royal Bank of Canada now owns 334,881 shares of the investment management company’s stock worth $2,522,000 after acquiring an additional 12,806 shares during the period. Finally, Almitas Capital LLC lifted its stake in shares of Clough Global Equity Fund by 183.3% in the 4th quarter. Almitas Capital LLC now owns 322,982 shares of the investment management company’s stock worth $2,474,000 after acquiring an additional 208,975 shares during the period.

About Clough Global Equity Fund

(Get Free Report)

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.

Further Reading

Dividend History for Clough Global Equity Fund (NYSEAMERICAN:GLQ)

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