Clough Global Opportunities Fund (NYSEAMERICAN:GLO) declared a monthly dividend on Monday, January 13th, Wall Street Journal reports. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.0897 per share by the investment management company on Friday, February 28th. This represents a $1.08 dividend on an annualized basis and a yield of 11.01%. The ex-dividend date is Friday, February 14th.
Clough Global Opportunities Fund has decreased its dividend payment by an average of 1.9% per year over the last three years and has raised its dividend every year for the last 1 years.
Shares of NYSEAMERICAN GLO opened at $9.78 on Tuesday. Clough Global Opportunities Fund has a 52-week low of $8.65 and a 52-week high of $9.98.
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.
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