Clough Global Opportunities Fund (NYSEAMERICAN:GLO) Announces Dividend of $0.05

Clough Global Opportunities Fund (NYSEAMERICAN:GLO) announced a dividend on Wednesday, April 17th, investing.com reports. Investors of record on Friday, April 19th will be given a dividend of 0.048 per share by the investment management company on Tuesday, April 30th. This represents a yield of 11.63%. The ex-dividend date of this dividend is Thursday, April 18th.

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

Clough Global Opportunities Fund Stock Performance

GLO traded up $0.05 during trading hours on Wednesday, hitting $5.01. The company’s stock had a trading volume of 214,496 shares, compared to its average volume of 155,936. Clough Global Opportunities Fund has a fifty-two week low of $4.08 and a fifty-two week high of $5.18.

Insider Activity at Clough Global Opportunities Fund

In other news, insider Charles Clough, Jr. purchased 20,000 shares of the stock in a transaction dated Wednesday, March 20th. The shares were bought at an average cost of $5.01 per share, for a total transaction of $100,200.00. Following the transaction, the insider now owns 300,445 shares in the company, valued at $1,505,229.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Institutional Investors Weigh In On Clough Global Opportunities Fund

Large investors have recently modified their holdings of the stock. UBS Group AG boosted its stake in shares of Clough Global Opportunities Fund by 51.3% during the 1st quarter. UBS Group AG now owns 9,921 shares of the investment management company’s stock worth $49,000 after acquiring an additional 3,362 shares in the last quarter. Nomura Holdings Inc. bought a new stake in shares of Clough Global Opportunities Fund during the 4th quarter worth $58,000. Captrust Financial Advisors bought a new stake in shares of Clough Global Opportunities Fund during the 2nd quarter worth $74,000. LPL Financial LLC boosted its stake in shares of Clough Global Opportunities Fund by 9.9% during the 2nd quarter. LPL Financial LLC now owns 14,833 shares of the investment management company’s stock worth $109,000 after acquiring an additional 1,333 shares in the last quarter. Finally, SeaCrest Wealth Management LLC boosted its stake in shares of Clough Global Opportunities Fund by 9.4% during the 4th quarter. SeaCrest Wealth Management LLC now owns 24,787 shares of the investment management company’s stock worth $126,000 after acquiring an additional 2,134 shares in the last quarter.

About Clough Global Opportunities Fund

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.