Clough Global Equity Fund to Issue Monthly Dividend of $0.07 (NYSEAMERICAN:GLQ)

Clough Global Equity Fund (NYSEAMERICAN:GLQ) announced a monthly dividend on Tuesday, January 7th,NASDAQ Dividends reports. Stockholders of record on Friday, January 17th will be given a dividend of 0.065 per share by the investment management company on Friday, January 31st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 11.50%. The ex-dividend date is Friday, January 17th.

Clough Global Equity Fund has decreased its dividend by an average of 23.4% per year over the last three years.

Clough Global Equity Fund Stock Performance

NYSEAMERICAN:GLQ traded up $0.04 during mid-day trading on Wednesday, reaching $6.78. The stock had a trading volume of 42,011 shares, compared to its average volume of 41,982. Clough Global Equity Fund has a fifty-two week low of $5.83 and a fifty-two week high of $7.30.

Clough Global Equity Fund Company Profile

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.