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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) declared a dividend on Friday, July 19th, investing.com reports. Investors of record on Monday, July 22nd will be given a dividend of 0.048 per share by the investment management company on Wednesday, July 31st. This represents a yield of 10.77%. The ex-dividend date of this dividend is Friday, July 19th.

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

Clough Global Opportunities Fund Stock Down 1.0 %

NYSEAMERICAN GLO traded down $0.05 during trading hours on Friday, reaching $5.30. The company’s stock had a trading volume of 187,459 shares, compared to its average volume of 155,662. Clough Global Opportunities Fund has a 1-year low of $4.08 and a 1-year high of $5.60.

Insiders Place Their Bets

In other news, insider Charles Clough, Jr. acquired 50,000 shares of the business’s stock in a transaction on Thursday, May 2nd. The stock was bought at an average cost of $4.94 per share, for a total transaction of $247,000.00. Following the purchase, the insider now owns 350,445 shares in the company, valued at $1,731,198.30. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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.