Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Raises Dividend to $0.05 Per Share

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a monthly dividend on Wednesday, January 8th, Wall Street Journal reports. Investors of record on Tuesday, March 18th will be given a dividend of 0.0501 per share by the investment management company on Monday, March 31st. This represents a $0.60 annualized dividend and a yield of 12.15%. The ex-dividend date is Tuesday, March 18th. This is a 4.4% increase from Clough Global Opportunities Fund’s previous monthly dividend of $0.05.

Clough Global Opportunities Fund has decreased its dividend by an average of 21.5% annually over the last three years.

Clough Global Opportunities Fund Stock Up 1.9 %

Shares of GLO stock opened at $4.95 on Friday. The business has a 50 day simple moving average of $5.15. Clough Global Opportunities Fund has a fifty-two week low of $4.82 and a fifty-two week high of $5.60.

Clough Global Opportunities Fund Company Profile

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.