Welcome to our dedicated page for Clough Global Dividend and Income news (Ticker: GLV), a resource for investors and traders seeking the latest updates and insights on Clough Global Dividend and Income stock.
Clough Global Dividend and Income Fund (NYSE American: GLV) is a closed-end fund focused on delivering a high level of total return through a research-driven mix of equity, equity-related, and fixed income securities in U.S. and non-U.S. markets. The GLV news feed highlights the Fund’s ongoing communications with investors, including distribution announcements, Section 19(a) notices, and governance updates.
Much of the Fund’s news flow centers on its managed distribution policy, under which it sets a monthly distribution rate equal to at least one-twelfth of 10% of its adjusted year-end net asset value per share. Press releases regularly detail monthly cash distributions, including ex-dates, record dates, and payable dates, and may note changes in the distribution rate. The Fund also issues Section 19(a) notices that estimate the portions of each distribution attributable to net investment income, capital gains, and return of capital, along with fiscal year-to-date figures.
GLV’s updates often include performance and distribution metrics based on changes in net asset value, as well as commentary on how distribution rates relate to NAV. In addition, the news stream can feature information about market update conference calls hosted by Clough Capital Partners and the Fund’s portfolio managers, and regulatory developments such as amendments to the Fund’s by-laws reported in SEC filings.
Investors and researchers can use this page to follow GLV’s pattern of monthly distributions, review historical Section 19(a) disclosures, and track formal announcements about the Fund’s policies and governance. Regularly reviewing these items can help users understand how the Fund applies its managed distribution approach and communicates changes in its operations and structure.
Clough Global Dividend and Income Fund (GLV) has distributed a monthly payment of $0.0526 per share on January 31, 2025, to shareholders of record as of January 17, 2025. The distribution breakdown shows 15.89% from net investment income and 84.11% from return of capital. For the fiscal year-to-date, cumulative distributions comprise 11.14% from net investment income and 88.86% from return of capital.
The Fund's performance metrics indicate an annualized distribution rate of 10.21% of NAV and a cumulative distribution rate of 2.55%. However, the Fund has experienced a negative cumulative total return of -3.29% for the fiscal year to date and a -0.71% average annual total return over the past 5 years ending December 31, 2024.
Clough Global Dividend and Income Fund (GLV) has declared monthly cash distributions of $0.0526 per share for January, February, and March 2025. The distributions will be paid on January 31, February 28, and March 31, 2025, respectively.
The Fund's managed distribution policy sets monthly distributions at one-twelfth of 10% of the Fund's adjusted year-end net asset value per share, calculated as the average of the last five business days' NAVs of the prior calendar year.
As of December 31, 2024, the Fund had approximately $108.7 million in total assets. The Fund aims to provide a high level of total return through investments in equity, equity-related securities, and fixed income securities in both U.S. and non-U.S. markets. The distributions may include sources other than net income, such as short-term capital gain, long-term capital gain, and return of capital.
Clough Global Dividend and Income Fund (GLV) announced its monthly distribution of $0.0526 per share paid on December 30, 2024, to shareholders of record as of December 16, 2024. The distribution breakdown includes: 11.52% from net investment income and 88.48% from return of capital. For the fiscal year-to-date, cumulative distributions comprise 8.76% from net investment income and 91.24% from return of capital.
The Fund's performance metrics show an annualized distribution rate of 9.70% and a cumulative total return on NAV of 0.91% for the fiscal year to date. The Fund's 5-year average annual total return stands at 0.40%. The Board of Trustees continues to monitor the Fund's distribution level, considering NAV and market conditions.
Clough Global Dividend and Income Fund (GLV) has distributed a monthly payment of $0.0526 per share on November 29, 2024, to shareholders of record as of November 15, 2024. The distribution breakdown shows 6.01% from net investment income and 93.99% from return of capital. The Fund's fiscal year-to-date performance includes a 24.06% cumulative total return on NAV and an annualized distribution rate of 9.70% based on NAV. The Fund's 5-year average annual total return stands at 16%.
Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0526 per share paid on October 31, 2024. The distribution breakdown shows 6.10% from net investment income and 93.90% from return of capital. For the fiscal year-to-date, cumulative distributions include 11.22% from net investment income and 88.78% from return of capital. The Fund reports a cumulative total return on NAV of 27.30% for the fiscal year to date and an average annual total return of 1.17% for the 5-year period ending September 30, 2024. The current annualized distribution rate stands at 9.36% of NAV.
The Board of Trustees for the Clough Global Dividend and Income Fund (GLV) has declared a monthly cash distribution of $0.0526 per common share for October, November, and December 2024. The Fund's managed distribution policy sets the monthly rate at one-twelfth of 10% of the Fund's adjusted year-end net asset value per share. Ex-dates are October 18, November 15, and December 16, with corresponding payable dates on October 31, November 29, and December 30, 2024.
The Fund, with approximately $117.9 million in total assets as of September 30, 2024, aims to provide a high level of total return through investments in equity, equity-related, and fixed income securities in both U.S. and non-U.S. markets. Clough Capital Partners L.P., the investment advisory firm managing the Fund, oversees about $1.3 billion in assets across various investment vehicles.
The Clough Global Dividend and Income Fund (NYSE American:GLV) paid a monthly distribution of $0.0526 per share on September 30, 2024. The distribution sources were: 5.38% from net investment income and 94.62% from return of capital or other capital sources. The Fund's fiscal year-to-date cumulative distribution breakdown shows 11.68% from net investment income and 88.32% from return of capital or other capital sources.
Key performance metrics include:
- Annualized Distribution Rate: 9.36% of NAV
- Cumulative Distribution Rate on NAV: 8.80%
- Cumulative Total Return on NAV: 26.18%
- 5-Year Average Annual Total Return on NAV: 1.12%
The Clough Global Dividend and Income Fund (NYSE American: GLV) paid a monthly distribution of $0.0526 per share on August 30, 2024. The distribution sources were: 10.70% from net investment income and 89.30% from return of capital. The Fund's fiscal year-to-date cumulative distribution breakdown shows 12.29% from net investment income and 87.71% from return of capital.
Key performance metrics include:
- Annualized Distribution Rate: 9.34% of NAV
- Cumulative Distribution Rate: 7.99% of NAV
- Cumulative Total Return: 25.41% on NAV
- 5-Year Average Annual Total Return: 1.22% on NAV
The Clough Global Dividend and Income Fund (NYSE American:GLV) paid a monthly distribution of $0.0526 per share on July 31, 2024. The distribution sources were: 12.02% from net investment income and 87.98% from return of capital. For the fiscal year-to-date, the cumulative distribution rate is 7.21% of NAV. The Fund's performance shows a cumulative total return on NAV of 24.29% for the fiscal year-to-date and an average annual total return of 1.08% for the 5-year period ending June 30, 2024. The Fund's annualized distribution rate is 9.34% of NAV. Shareholders are cautioned not to draw conclusions about the Fund's investment performance from the distribution amount.
The Clough Global Dividend and Income Fund (GLV) has declared monthly cash distributions of $0.0526 per share for July, August, and September 2024. The ex-dividend and record dates for these distributions are July 19, August 16, and September 17, 2024, respectively, with payable dates on the last business day of each month. The Fund follows a managed distribution policy based on its year-end NAV, aiming for a 10% annual distribution rate. As of June 30, 2024, the Fund's total assets were approximately $127.0 million. More information is available at www.cloughcefs.com.