Clough Global Equity Fund (GLQ) To Go Ex-Dividend on September 19th
Clough Global Equity Fund (NYSE:GLQ) announced a monthly dividend on Friday, September 8th, Wall Street Journal reports. Stockholders of record on Wednesday, September 20th will be given a dividend of 0.1187 per share by the investment management company on Friday, September 29th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.61%. The ex-dividend date of this dividend is Tuesday, September 19th. This is an increase from Clough Global Equity Fund’s previous monthly dividend of $0.12.
Clough Global Equity Fund has decreased its dividend payment by an average of 1.7% per year over the last three years.
Shares of Clough Global Equity Fund (NYSE:GLQ) opened at 13.42 on Monday. The stock has a 50 day moving average price of $13.39 and a 200-day moving average price of $12.81. Clough Global Equity Fund has a 1-year low of $10.33 and a 1-year high of $13.77.
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Clough Global Equity Fund Company Profile
Clough Global Equity Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. It will invest approximately 80% in equity and equity-related securities in the United States and non-United States markets, and the remainder in fixed income securities, including both corporate and sovereign debt, in both the United States and non-United States markets.
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