Clough Global Equity Fund (GLQ) to Issue Monthly Dividend of $0.07 on January 31st

Clough Global Equity Fund (NYSEAMERICAN:GLQ) announced a monthly dividend on Tuesday, January 7th,NASDAQ Dividends reports. Shareholders of record on Friday, January 17th will be given a dividend of 0.065 per share by the investment management company on Friday, January 31st. This represents a $0.78 annualized dividend and a yield of 11.50%. The ex-dividend date of this dividend is Friday, January 17th.

Clough Global Equity Fund has decreased its dividend payment by an average of 23.4% annually over the last three years.

Clough Global Equity Fund Trading Up 0.6 %

Clough Global Equity Fund stock opened at $6.78 on Thursday. Clough Global Equity Fund has a fifty-two week low of $5.83 and a fifty-two week high of $7.30.

Clough Global Equity Fund Company Profile

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.