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
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in