Clough Global Opportunities Fund (NYSEAMERICAN:GLO – Get Free Report) announced a monthly dividend on Thursday, January 8th. Stockholders of record on Tuesday, January 20th will be given a dividend of 0.0537 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend is Tuesday, January 20th. This is a 7.2% increase from Clough Global Opportunities Fund’s previous monthly dividend of $0.05.
Clough Global Opportunities Fund Trading Up 0.5%
GLO stock traded up $0.03 during mid-day trading on Thursday, reaching $5.81. 216,134 shares of the stock traded hands, compared to its average volume of 294,367. The business has a 50-day moving average price of $5.69 and a two-hundred day moving average price of $5.60. Clough Global Opportunities Fund has a one year low of $4.32 and a one year high of $5.88.
About Clough Global Opportunities Fund
Clough Global Opportunities Fund (NYSE American: GLO) is a closed-end management investment company that seeks to deliver attractive risk-adjusted returns through a focus on income generation and capital appreciation. Trading on the NYSE American exchange, the fund invests primarily in the equity securities of global companies operating across energy, utilities, transportation, chemicals and other infrastructure-related industries. By concentrating on sectors critical to the world’s economic growth, the fund aims to provide investors with diversified exposure to both developed and emerging markets.
The fund’s investment strategy is driven by bottom-up research and fundamental analysis.
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