Clough Global Dividend and Income Fund (GLV) To Go Ex-Dividend on June 17th

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Tuesday, April 7th. Shareholders of record on Wednesday, June 17th will be paid a dividend of 0.0566 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 10.7%. The ex-dividend date of this dividend is Wednesday, June 17th.

Clough Global Dividend and Income Fund Price Performance

GLV opened at $6.35 on Monday. The company’s 50 day simple moving average is $6.18 and its 200-day simple moving average is $6.14. Clough Global Dividend and Income Fund has a one year low of $5.50 and a one year high of $6.49.

Institutional Trading of Clough Global Dividend and Income Fund

A number of hedge funds have recently modified their holdings of the company. Rivernorth Capital Management LLC grew its stake in Clough Global Dividend and Income Fund by 0.3% in the fourth quarter. Rivernorth Capital Management LLC now owns 537,382 shares of the investment management company’s stock valued at $3,208,000 after acquiring an additional 1,605 shares during the period. TrueMark Investments LLC lifted its stake in Clough Global Dividend and Income Fund by 5.4% in the first quarter. TrueMark Investments LLC now owns 65,090 shares of the investment management company’s stock valued at $385,000 after buying an additional 3,312 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Clough Global Dividend and Income Fund by 6.3% in the second quarter. Raymond James Financial Inc. now owns 67,058 shares of the investment management company’s stock valued at $381,000 after buying an additional 3,948 shares during the period. NWF Advisory Services Inc. increased its position in shares of Clough Global Dividend and Income Fund by 9.7% during the first quarter. NWF Advisory Services Inc. now owns 45,300 shares of the investment management company’s stock worth $268,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Clough Global Dividend and Income Fund during the fourth quarter worth $60,000.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.

Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.