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

Clough Global Opportunities Fund (NYSEAMERICAN:GLOGet Free Report) announced a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Stockholders of record on Friday, August 16th will be paid a dividend of 0.048 per share by the investment management company on Friday, August 30th. This represents a $0.58 annualized dividend and a dividend yield of 10.31%. The ex-dividend date of this dividend is Friday, August 16th.

Clough Global Opportunities Fund has decreased its dividend by an average of 18.6% per year over the last three years.

Clough Global Opportunities Fund Trading Up 1.2 %

Shares of NYSEAMERICAN GLO opened at $5.59 on Thursday. Clough Global Opportunities Fund has a 12-month low of $4.08 and a 12-month high of $5.59.

Insiders Place Their Bets

In related news, insider Charles Clough, Jr. bought 50,000 shares of Clough Global Opportunities Fund stock in a transaction dated Thursday, May 2nd. The shares were bought at an average cost of $4.94 per share, for a total transaction of $247,000.00. Following the completion of the transaction, the insider now owns 350,445 shares of the company’s stock, valued at $1,731,198.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Clough Global Opportunities Fund Company Profile

(Get Free Report)

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.

See Also

Dividend History for Clough Global Opportunities Fund (NYSEAMERICAN:GLO)

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