Welcome to our dedicated page for Clough Global Equity Fund news (Ticker: GLQ), a resource for investors and traders seeking the latest updates and insights on Clough Global Equity Fund stock.
Clough Global Equity Fund reports closed-end fund developments centered on monthly cash distributions, NAV-based managed distribution policy updates, and capital actions affecting its common shares. The fund uses Clough Capital Partners L.P.'s research-driven, thematic process and has a global flexible mandate focused primarily on equity and equity-related securities in U.S. and non-U.S. markets, with remaining assets in fixed income securities including corporate and sovereign debt.
Recurring GLQ news also covers Board actions such as share repurchase program renewals, completed rights offerings, dividend reinvestment plan references, and market update communications for the Clough closed-end fund complex.
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The Clough Global Equity Fund (symbol: GLQ) has announced a monthly cash distribution of $0.0599 per share for April, May, and June 2023. This amount aligns with the Fund's managed distribution policy of setting monthly rates at one-twelfth of 10% of its adjusted year-end net asset value (NAV). The distribution dates are as follows:
- April 20, 2023 (Ex-Date), April 21, 2023 (Record Date), April 28, 2023 (Payable Date)
- May 18, 2023 (Ex-Date), May 19, 2023 (Record Date), May 31, 2023 (Payable Date)
- June 15, 2023 (Ex-Date), June 16, 2023 (Record Date), June 30, 2023 (Payable Date)
As of March 31, 2023, the Fund had approximately $234.7 million in total assets, investing primarily in equity securities globally.
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The Clough Global Equity Fund (GLQ) has announced a monthly cash distribution of $0.0599 per common share for January, February, and March 2023. This distribution aligns with the Fund's policy to pay out one-twelfth of 10% of its adjusted year-end net asset value (NAV). Important distribution dates include: Ex-Dates on January 19, February 16, and March 16, with payable dates at the end of each month. As of December 31, 2022, the Fund had total assets of approximately $267.4 million.
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