Clough Global Opportunities Fund (GLO) to Issue Monthly Dividend of $0.05 on March 31st

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a monthly dividend on Thursday, January 9th,Wall Street Journal reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 11.65%. The ex-dividend date of this dividend is Tuesday, March 18th.

Clough Global Opportunities Fund has decreased its dividend payment by an average of 23.9% annually over the last three years.

Clough Global Opportunities Fund Stock Performance

Shares of GLO stock opened at $5.16 on Friday. Clough Global Opportunities Fund has a 52 week low of $4.59 and a 52 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.