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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a monthly dividend on Wednesday, April 9th, Wall Street Journal reports. Stockholders of record on Tuesday, June 17th will be paid a dividend of 0.0501 per share by the investment management company on Monday, June 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.27%. The ex-dividend date of this dividend is Tuesday, June 17th.

Clough Global Opportunities Fund has decreased its dividend by an average of 21.5% annually over the last three years.

Clough Global Opportunities Fund Trading Up 1.3 %

GLO stock opened at $4.53 on Wednesday. The firm has a 50-day moving average of $5.05 and a two-hundred day moving average of $5.10. Clough Global Opportunities Fund has a 12 month low of $4.32 and a 12 month high of $5.60.

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.