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The Board of Trustees for the Clough Global Equity Fund
GLQ
has approved a change from quarterly to monthly cash distributions and
has declared a monthly distribution of $0.105 per common share, payable
on the dates noted below. This represents an increase in the annualized
distribution rate of $0.10 per share, 8.62%. Based on the Fund's current
share price of $14.90 and net asset value per share of $17.29 (as of
close on December 11, 2013), the new distributions represent an
annualized distribution rate of 8.46% and 7.29%, respectively. The Fund
has approximately $558 million in total assets.
The following dates apply to the distributions declared:
See full press release© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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