Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Free Report) declared a monthly dividend on Friday, April 5th, NASDAQ reports. Shareholders 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 $0.58 dividend on an annualized basis and a dividend yield of 11.64%. The ex-dividend date is Thursday, April 18th.
Clough Global Opportunities Fund has decreased its dividend by an average of 18.6% annually over the last three years.
Clough Global Opportunities Fund Stock Down 1.2 %
Shares of GLO opened at $4.95 on Tuesday. Clough Global Opportunities Fund has a 52-week low of $4.08 and a 52-week high of $5.18.
Insider Buying and Selling at Clough Global Opportunities Fund
Institutional Investors Weigh In On Clough Global Opportunities Fund
Several institutional investors and hedge funds have recently made changes to their positions in the company. Morgan Stanley raised its position in shares of Clough Global Opportunities Fund by 12.8% during the 3rd quarter. Morgan Stanley now owns 4,195,837 shares of the investment management company’s stock valued at $18,588,000 after acquiring an additional 477,746 shares in the last quarter. Centaurus Financial Inc. grew its stake in Clough Global Opportunities Fund by 96.3% during the 1st quarter. Centaurus Financial Inc. now owns 259,182 shares of the investment management company’s stock worth $2,439,000 after buying an additional 127,121 shares during the last quarter. Guggenheim Capital LLC grew its stake in Clough Global Opportunities Fund by 10.2% during the 1st quarter. Guggenheim Capital LLC now owns 203,063 shares of the investment management company’s stock worth $1,911,000 after buying an additional 18,726 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Clough Global Opportunities Fund by 310.4% during the 1st quarter. JPMorgan Chase & Co. now owns 103,537 shares of the investment management company’s stock worth $506,000 after buying an additional 78,311 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in Clough Global Opportunities Fund by 35.1% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 69,588 shares of the investment management company’s stock worth $353,000 after buying an additional 18,062 shares during the last quarter.
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.
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