Clough Global Equity Fund (NYSEAMERICAN:GLQ) Plans Monthly Dividend of $0.06

Clough Global Equity Fund (NYSEAMERICAN:GLQGet Free Report) announced a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Investors of record on Friday, August 16th will be paid a dividend of 0.0603 per share by the investment management company on Friday, August 30th. This represents a $0.72 annualized dividend and a yield of 9.92%. The ex-dividend date is Friday, August 16th.

Clough Global Equity Fund has decreased its dividend payment by an average of 18.4% per year over the last three years.

Clough Global Equity Fund Stock Performance

Clough Global Equity Fund stock opened at $7.30 on Thursday. Clough Global Equity Fund has a 52-week low of $5.13 and a 52-week high of $7.30.

Insider Buying and Selling

In related news, insider Charles Clough, Jr. acquired 50,000 shares of the business’s stock in a transaction dated Tuesday, April 30th. The shares were bought at an average price of $6.36 per share, with a total value of $318,000.00. Following the transaction, the insider now directly owns 440,291 shares of the company’s stock, valued at $2,800,250.76. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Clough Global Equity Fund Company Profile

(Get Free Report)

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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Dividend History for Clough Global Equity Fund (NYSEAMERICAN:GLQ)

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