Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Announces $0.05 Dividend

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a dividend on Thursday, July 18th, investing.com reports. Investors of record on Monday, July 22nd will be paid a dividend of 0.048 per share by the investment management company on Wednesday, July 31st. This represents a yield of 10.63%. The ex-dividend date of this dividend is Friday, July 19th.

Clough Global Opportunities Fund has decreased its dividend payment by an average of 18.6% annually over the last three years.

Clough Global Opportunities Fund Trading Down 1.3 %

GLO stock traded down $0.07 during trading on Thursday, hitting $5.35. The company had a trading volume of 182,237 shares, compared to its average volume of 155,430. Clough Global Opportunities Fund has a one year low of $4.08 and a one year high of $5.60.

Insider Buying and Selling at Clough Global Opportunities Fund

In other Clough Global Opportunities Fund news, insider Charles Clough, Jr. purchased 50,000 shares of the company’s stock in a transaction on Thursday, May 2nd. The shares were purchased at an average cost of $4.94 per share, with a total value of $247,000.00. Following the completion of the purchase, the insider now owns 350,445 shares in the company, valued at $1,731,198.30. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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.