Clough Global Dividend and Income Fund (GLV) Dividend History

$5.59 $0.05

Dividend Score
Dividend Yield
11.29%

Annual Payment
$0.63

Payout Ratio
-22.22%
Dividend Increases
0 yrs

Price Chart

Key Metrics

Sector Financial Services
Industry Asset Management
Avg daily volume 54,654
Market cap 70,411,100
Beta 0.55
Trailing 12 Month EPS -0.69
Next Earnings Date
Ex-dividend date 2024-03-14
P/E ratio 0

Company Description

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. For its fixed income portion, it invests in corporate and sovereign debt. It invest in fixed income securities having a maturity ranging from 30 days to over 30 years. The fund invests in non-U.S. markets primarily through liquid securities, including depositary receipts. Its equity portion primarily invests in stocks of small-cap and mid-cap companies. The fund employs a fundamental analysis with a bottom-up stock picking approach to make its investments. It primarily employs a theme-oriented investment approach which emphasizes on industry consolidation, technological change, an emerging shortage of a product or raw material which derives from a period of under-investment, and changes in government regulation or major economic or investment cycles. The fund's research process includes identifying shortages, global geographic growth opportunities, and unique global credit market opportunities. The fund was formerly known as Clough Global Allocation Fund. Clough Global Dividend and Income Fund was formed on April 27, 2004 and is domiciled in the United States.

Peers

Dividend Payments

Forward Yield
11.29%
Forward Payment
$0.63

Trailing Yield
13.74%
Trailing Payment
$0.72

Last Increase
Dec 31,19 0.8%
Last Cut
Jan 31,24 -11.89%

5 Year Average Yield
15.13%
% Above Current Yield
25.37%

5 Year Div Growth Rate
-9.94%
Payment Frequency
Monthly

Historical Dividend Payments