Clough Global Equity Fund (NYSEAMERICAN:GLQ – Get Free Report) declared a monthly dividend on Thursday, July 11th, Wall Street Journal reports. Shareholders of record on Tuesday, September 17th will be given a dividend of 0.0603 per share by the investment management company on Monday, September 30th. This represents a $0.72 dividend on an annualized basis and a yield of 10.69%. The ex-dividend date is Tuesday, September 17th.
Clough Global Equity Fund has decreased its dividend by an average of 18.4% annually over the last three years.
Clough Global Equity Fund Stock Performance
GLQ opened at $6.77 on Monday. Clough Global Equity Fund has a twelve month low of $5.13 and a twelve month high of $7.30.
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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