Welcome to our dedicated page for Clough Global Dividend and Income Fund news (Ticker: GLV), a resource for investors and traders seeking the latest updates and insights on Clough Global Dividend and Income Fund stock.
Clough Global Dividend and Income Fund reports news centered on its role as a listed closed-end fund with an objective of providing a high level of total return. The Fund invests through a fundamental research-driven process in equity and equity-related securities and fixed income securities, including corporate and sovereign debt, across U.S. and non-U.S. markets.
Recurring updates include monthly cash distribution declarations under the Fund's managed distribution policy and Section 19(a) notices under the Investment Company Act of 1940. Those notices describe estimated distribution sources, NAV-based performance measures, distribution rates, and the relationship between net asset value and market price for the Fund's common shares.
On January 29, 2021, the Clough Global Dividend and Income Fund (NYSE MKT: GLV) announced a monthly distribution of $0.0967 per share, payable to shareholders of record as of January 20, 2021. This distribution consists of approximately 94% return of capital, with only 6% attributed to net investment income. The fund's annualized distribution rate is 9.91% as a percentage of its net asset value (NAV), with a cumulative return of 16.75% on NAV year-to-date.
The Clough Global Dividend and Income Fund (GLV) has declared a monthly cash distribution of $0.0967 per common share for January, February, and March 2021. This amount represents a 4% decrease from the previous distribution. The fund follows a managed distribution policy tied to its net asset value. Key distribution dates include Ex-Dates of January 19, February 17, and March 18, with corresponding Payable Dates on January 29, February 26, and March 31, 2021. As of December 31, 2020, the fund's total assets were approximately $158.6 million.
On December 31, 2020, Clough Global Dividend and Income Fund (GLV) distributed a monthly payment of $0.1008 per share to shareholders of record as of December 21, 2020. The distribution comprises 12.80% from net investment income and 87.20% from return of capital. The fiscal year-to-date cumulative distribution rate is 1.82%.
The annualized distribution rate reached 10.95% as of November 30, 2020, ensuring ongoing income for shareholders amidst market variables.
On November 30, 2020, Clough Global Dividend and Income Fund (GLV) paid a distribution of $0.1008 per share to shareholders of record as of November 20, 2020. The entire distribution is classified as a return of capital, comprising 100% of the payment, meaning it is derived from sources other than net investment income or realized capital gains. The Fund's annualized distribution rate stands at 11.82% of its net asset value (NAV) as of October 31, 2020. Shareholders should note that past performance does not guarantee future results.
On October 30, 2020, Clough Global Dividend and Income Fund (NYSE MKT: GLV) announced a monthly distribution of $0.1008 per share for shareholders of record on October 20, 2020. This distribution comprises 10.52% from net investment income and 89.48% as return of capital. The fund's annualized distribution rate is 11.13% of NAV, with cumulative distribution at 11.12%. Shareholders should note that a portion of the distribution may be a return of capital, reflecting past investment performance. The fund's management continues to evaluate distribution levels.
The Clough Global Dividend and Income Fund (GLV) has announced a cash distribution of $0.1008 per share for the months of October, November, and December 2020. The distribution aligns with the Fund's policy to distribute 10% of its adjusted year-ending net asset value, determined by the average NAV over the last five business days of the previous year. Key dates include the ex-dates of October 19, November 19, and December 18, with payable dates on October 30, November 30, and December 31, respectively. As of September 30, 2020, the Fund held approximately $154 million in assets.
On September 30, 2020, the Clough Global Dividend and Income Fund (NYSE MKT: GLV) distributed $0.1008 per share to shareholders of record as of September 18, 2020. The distribution consists of 20.44% from net investment income and 79.56% from return of capital. The Fund's fiscal year-to-date cumulative distribution rate is 10.02% based on its net asset value (NAV) as of August 31, 2020. Investors should note that returns of capital may not reflect the Fund's performance and could impact future distributions.
On August 31, 2020, the Clough Global Dividend and Income Fund (NYSE MKT: GLV) announced a monthly distribution of $0.1008 per share to shareholders recorded as of August 21, 2020. The distribution comprises 10.22% from net investment income and 89.78% from return of capital. Cumulative distributions for the fiscal year totaled $1.0072 per share, with a 77.91% return of capital component. The Fund's fiscal year-to-date cumulative total return on NAV stands at -2.27%. Notably, the annualized distribution rate is 11.16%.
On July 31, 2020, the Clough Global Dividend and Income Fund (NYSE MKT: GLV) announced a monthly distribution of $0.1008 per share to shareholders of record as of July 21, 2020. The distribution comprises 14.19% from net investment income and 85.81% as a return of capital. For the fiscal year-to-date, the fund reported a cumulative distribution rate of 8.97% and a cumulative total return on NAV of -9.88%. The board will continue to evaluate the fund's distribution based on net asset value and market conditions.