Clough Global Equity Fund (GLQ) to Issue Monthly Dividend of $0.07 on September 30th

Clough Global Equity Fund (NYSEAMERICAN:GLQ) declared a monthly dividend on Monday, July 7th, Wall Street Journal reports. Shareholders of record on Wednesday, September 17th will be given a dividend of 0.065 per share by the investment management company on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date is Wednesday, September 17th.

Clough Global Equity Fund Stock Performance

NYSEAMERICAN:GLQ opened at $7.54 on Monday. The firm has a 50-day moving average price of $7.29 and a two-hundred day moving average price of $6.78. Clough Global Equity Fund has a twelve month low of $5.33 and a twelve month high of $7.58.

About Clough Global Equity Fund

Clough Global Equity Fund is a closed ended equity mutual fund launched and managed by Clough Capital Partners, L.P. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental and quantitative analysis with a bottom up stock picking approach to create its portfolio, with focus on factors such as a company's competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation.