Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV – Get Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.07 and traded as high as $6.27. Clough Global Dividend and Income Fund shares last traded at $6.22, with a volume of 19,438 shares changing hands.
Clough Global Dividend and Income Fund Trading Up 0.6%
The company has a 50-day moving average of $6.07 and a 200-day moving average of $6.11.
Clough Global Dividend and Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.0566 per share. This represents a c) dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend is Wednesday, June 17th.
Institutional Inflows and Outflows
Clough Global Dividend and Income Fund Company Profile
Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.
Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.
Further Reading
- Five stocks we like better than Clough Global Dividend and Income Fund
- SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?
- CAVA Group’s Stock Looks Delicious After Strong Earnings
- Lowe’s Finds Support at $215 After Q1 Earnings Sell-Off
- Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
Receive News & Ratings for Clough Global Dividend and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clough Global Dividend and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
