Clough Global Equity Fund (GLQ) to Issue Monthly Dividend of $0.11 on January 31st

Clough Global Equity Fund (NYSEAMERICAN:GLQ) announced a monthly dividend on Monday, January 13th, Wall Street Journal reports. Investors of record on Tuesday, January 21st will be given a dividend of 0.1104 per share by the investment management company on Friday, January 31st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.54%. The ex-dividend date is Friday, January 17th. This is a positive change from Clough Global Equity Fund’s previous monthly dividend of $0.11.

Clough Global Equity Fund has raised its dividend payment by an average of 0.3% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

GLQ opened at $12.57 on Wednesday. Clough Global Equity Fund has a 1-year low of $11.05 and a 1-year high of $13.70.

About Clough Global Equity Fund

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.

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Dividend History for Clough Global Equity Fund (NYSEAMERICAN:GLQ)

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