Clough Global Dividend and Income Fund (NYSEMKT:GLV) announced a monthly dividend on Tuesday, October 10th, Wall Street Journal reports. Investors of record on Friday, October 20th will be given a dividend of 0.1216 per share by the investment management company on Tuesday, October 31st. This represents a $1.46 annualized dividend and a dividend yield of 10.33%. The ex-dividend date is Thursday, October 19th.
Clough Global Dividend and Income Fund (NYSEMKT:GLV) traded up 0.86% during midday trading on Tuesday, hitting $14.13. 33,023 shares of the company traded hands. The stock’s 50-day moving average is $13.96 and its 200-day moving average is $13.68. Clough Global Dividend and Income Fund has a 12-month low of $11.25 and a 12-month high of $14.26.
About Clough Global Dividend and Income Fund
Clough Global Dividend and Income Fund (the Fund), formerly Clough Global Allocation Fund, is a closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. The Fund invests in a managed mix of equity and debt securities. The Fund will not invest more than 20% of its total assets in securities rated, at the time of acquisition, below investment grade.
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