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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) declared a monthly dividend on Thursday, January 8th. Investors of record on Wednesday, March 18th will be given a dividend of 0.0537 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 11.4%. The ex-dividend date of this dividend is Wednesday, March 18th.

Clough Global Opportunities Fund Price Performance

Shares of Clough Global Opportunities Fund stock opened at $5.67 on Monday. The firm has a fifty day moving average price of $5.93 and a two-hundred day moving average price of $5.77. Clough Global Opportunities Fund has a fifty-two week low of $4.32 and a fifty-two week high of $6.09.

Insider Buying and Selling at Clough Global Opportunities Fund

In related news, insider Charles Clough, Jr. bought 35,000 shares of Clough Global Opportunities Fund stock in a transaction that occurred on Thursday, January 15th. The stock was acquired at an average price of $6.01 per share, for a total transaction of $210,350.00. Following the completion of the purchase, the insider owned 394,245 shares in the company, valued at approximately $2,369,412.45. This represents a 9.74% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have bought a total of 36,213 shares of company stock valued at $217,624 in the last three months.

Hedge Funds Weigh In On Clough Global Opportunities Fund

Large investors have recently added to or reduced their stakes in the company. Tactive Advisors LLC lifted its position in shares of Clough Global Opportunities Fund by 19.4% in the 3rd quarter. Tactive Advisors LLC now owns 16,642 shares of the investment management company’s stock worth $95,000 after acquiring an additional 2,702 shares during the period. SeaCrest Wealth Management LLC increased its position in shares of Clough Global Opportunities Fund by 5.6% during the fourth quarter. SeaCrest Wealth Management LLC now owns 56,526 shares of the investment management company’s stock valued at $327,000 after purchasing an additional 2,974 shares during the period. Raymond James Financial Inc. raised its stake in shares of Clough Global Opportunities Fund by 11.5% in the second quarter. Raymond James Financial Inc. now owns 47,645 shares of the investment management company’s stock valued at $259,000 after purchasing an additional 4,909 shares in the last quarter. TrueMark Investments LLC lifted its position in Clough Global Opportunities Fund by 2.5% in the fourth quarter. TrueMark Investments LLC now owns 199,917 shares of the investment management company’s stock worth $1,132,000 after purchasing an additional 4,917 shares during the period. Finally, Wolverine Asset Management LLC lifted its position in Clough Global Opportunities Fund by 35.8% in the fourth quarter. Wolverine Asset Management LLC now owns 34,648 shares of the investment management company’s stock worth $196,000 after purchasing an additional 9,127 shares during the period.

About Clough Global Opportunities Fund

Clough Global Opportunities Fund (NYSE American: GLO) is a closed-end management investment company that seeks to deliver attractive risk-adjusted returns through a focus on income generation and capital appreciation. Trading on the NYSE American exchange, the fund invests primarily in the equity securities of global companies operating across energy, utilities, transportation, chemicals and other infrastructure-related industries. By concentrating on sectors critical to the world’s economic growth, the fund aims to provide investors with diversified exposure to both developed and emerging markets.

The fund’s investment strategy is driven by bottom-up research and fundamental analysis.