Clough Global Equity Fund (NYSEAMERICAN:GLQ) declared a monthly dividend on Tuesday, January 11th, Wall Street Journal reports. Stockholders of record on Friday, February 18th will be paid a dividend of 0.1162 per share by the investment management company on Monday, February 28th. This represents a $1.39 annualized dividend and a dividend yield of 10.41%. The ex-dividend date of this dividend is Thursday, February 17th.
Clough Global Equity Fund has increased its dividend payment by 8.5% over the last three years and has raised its dividend every year for the last 2 years.
Shares of GLQ opened at $13.40 on Thursday. Clough Global Equity Fund has a 52 week low of $12.66 and a 52 week high of $16.31.
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.
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