Clough Global Dividend and Income Stock Price, News & Analysis

The Board of Trustees for the Clough Global Dividend and Income Fund (GLV) has declared a monthly cash distribution of $0.0597 per common share for the months of April, May, and June 2023. This payout adheres to the Fund's managed distribution policy of setting the monthly distribution rate at one twelfth of 10% of the Fund's adjusted year-end net asset value (NAV), calculated based on the average of the NAVs over the last five business days of the previous calendar year.

Key distribution dates include an Ex-Date of April 20, a Record Date of April 21, and a Payable Date of April 28 for April's distribution. Similar dates apply for May and June distributions, with latter payments expected by May 31 and June 30, respectively. A portion of these distributions may be derived from sources other than net income, affecting tax treatment.

On March 31, 2023, Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0597 per share, payable to shareholders on record as of March 17, 2023. The distribution comprises 10.08% from net investment income, with 89.92% attributed to return of capital. For the fiscal year to date, the cumulative distribution per share is $0.3603, of which 95.74% is from return of capital. The fund's annualized distribution rate is 10.55%, while cumulative total return on NAV for the period is -3.24%.

The Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0597 per share for shareholders of record as of February 17, 2023.

This distribution comprises 7.00% from net investment income, and notably 93.00% as a return of capital. For the fiscal year-to-date, the cumulative distributions amount to $0.3006 per share, with 96.90% also attributed to return of capital. The fund's performance shows an annualized distribution rate of 10.01% as a percentage of NAV.

The Clough Global Dividend and Income Fund (NYSE MKT: GLV) has announced a monthly distribution of $0.0597 per share, payable to shareholders on record as of January 20, 2023. This distribution is fully derived from net investment income, with no portions coming from capital gains or return of capital. The estimated total cumulative distribution per share for the fiscal year-to-date is $0.2409, with 73.08% attributed to return of capital. The Fund's annualized distribution rate is reported at 10.01% of the net asset value (NAV). Shareholders should be aware that the distributions reported may not reflect actual income and could include returns of capital.

The Clough Global Dividend and Income Fund (GLV) announced a monthly cash distribution of $0.0597 per share for January, February, and March 2023. This distribution aligns with the Fund's managed distribution policy, set at one-twelfth of 10% of the Fund's adjusted year-end net asset value (NAV). Key dates include an ex-date on January 19, 2023, record date on January 20, 2023, and payment date on January 31, 2023. The Fund's total assets as of December 31, 2022, stood at approximately $171.4 million.

The Clough Global Dividend and Income Fund (GLV) announced a monthly distribution of $0.0906 per share, payable to shareholders on December 30, 2022. This payment is attributed entirely to a return of capital, indicating that the fund has distributed more than its income and realized capital gains. For the current fiscal year, the fund's annualized distribution rate stands at 14.42% of NAV, with a cumulative distribution rate of 2.40%. Investors should note that returns of capital do not necessarily reflect the fund's performance.

The Clough Global Dividend and Income Fund (GLV), a closed-end fund, announced a monthly distribution of $0.0906 per share for shareholders recorded as of November 18, 2022. The distribution is composed mainly of a 94.33% return of capital, with only 5.67% coming from net investment income. This distribution is part of a broader managed distribution plan, and the fund's performance shows a cumulative total return of -24.40% over the fiscal year.