Clough Global Dividend and Income Fund (GLV) To Go Ex-Dividend on September 17th

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) announced a monthly dividend on Tuesday, July 7th. Shareholders of record on Thursday, September 17th will be given a dividend of 0.0566 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend is Thursday, September 17th.

Clough Global Dividend and Income Fund Stock Performance

NYSEAMERICAN GLV opened at $6.51 on Thursday. The company has a 50-day simple moving average of $6.36 and a two-hundred day simple moving average of $6.20. Clough Global Dividend and Income Fund has a 12-month low of $5.55 and a 12-month high of $6.65.

Hedge Funds Weigh In On Clough Global Dividend and Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. NWF Advisory Services Inc. boosted its holdings in Clough Global Dividend and Income Fund by 9.7% in the first quarter. NWF Advisory Services Inc. now owns 45,300 shares of the investment management company’s stock worth $268,000 after acquiring an additional 4,000 shares in the last quarter. Fifth Third Bancorp purchased a new stake in Clough Global Dividend and Income Fund during the 1st quarter valued at about $112,000. TrueMark Investments LLC increased its stake in Clough Global Dividend and Income Fund by 5.4% during the 1st quarter. TrueMark Investments LLC now owns 65,090 shares of the investment management company’s stock valued at $385,000 after purchasing an additional 3,312 shares in the last quarter. Saba Capital Management L.P. lifted its stake in shares of Clough Global Dividend and Income Fund by 38.6% in the fourth quarter. Saba Capital Management L.P. now owns 870,736 shares of the investment management company’s stock worth $5,198,000 after buying an additional 242,420 shares in the last quarter. Finally, Rivernorth Capital Management LLC increased its holdings in shares of Clough Global Dividend and Income Fund by 0.3% in the 4th quarter. Rivernorth Capital Management LLC now owns 537,382 shares of the investment management company’s stock worth $3,208,000 after purchasing an additional 1,605 shares in the last quarter.

Clough Global Dividend and Income Fund Company Profile

Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.

Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.