Clough Global Equity Fund (NYSEAMERICAN:GLQ) Declares $0.07 Monthly Dividend

Clough Global Equity Fund (NYSEAMERICAN:GLQ) announced a monthly dividend on Tuesday, July 7th. Investors of record on Friday, July 17th will be given a dividend of 0.0729 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 10.3%. The ex-dividend date is Friday, July 17th.

Clough Global Equity Fund Price Performance

NYSEAMERICAN GLQ opened at $8.53 on Wednesday. Clough Global Equity Fund has a 12 month low of $7.08 and a 12 month high of $8.75. The stock’s 50 day moving average is $8.44 and its 200 day moving average is $8.11.

Institutional Trading of Clough Global Equity Fund

A number of institutional investors and hedge funds have recently bought and sold shares of GLQ. Bank of America Corp DE boosted its holdings in shares of Clough Global Equity Fund by 1.0% during the 1st quarter. Bank of America Corp DE now owns 317,422 shares of the investment management company’s stock valued at $2,390,000 after purchasing an additional 3,163 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Clough Global Equity Fund by 4.0% in the first quarter. Royal Bank of Canada now owns 334,881 shares of the investment management company’s stock worth $2,522,000 after buying an additional 12,806 shares in the last quarter. Cetera Investment Advisers bought a new position in Clough Global Equity Fund during the first quarter valued at approximately $409,000. PNC Financial Services Group Inc. bought a new position in Clough Global Equity Fund during the first quarter valued at approximately $56,000. Finally, Bulldog Investors LLP grew its holdings in Clough Global Equity Fund by 34.9% during the 1st quarter. Bulldog Investors LLP now owns 171,906 shares of the investment management company’s stock valued at $1,294,000 after buying an additional 44,450 shares in the last quarter.

Clough Global Equity Fund Company Profile

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.