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

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.0501 per share by the investment management company on Monday, March 31st. This represents a $0.60 annualized dividend and a dividend yield of 11.56%. The ex-dividend date is Tuesday, March 18th. This is a boost from Clough Global Opportunities Fund’s previous monthly dividend of $0.05.

Clough Global Opportunities Fund has decreased its dividend payment by an average of 23.9% annually over the last three years.

Clough Global Opportunities Fund Stock Performance

NYSEAMERICAN:GLO remained flat at $5.20 during midday trading on Wednesday. 57,894 shares of the company were exchanged, compared to its average volume of 106,107. Clough Global Opportunities Fund has a 1 year low of $4.59 and a 1 year 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.