Market Overview

Clough Global Allocation Fund Announces Monthly Cash Distribution of $0.105/Share


The Board of Trustees for the Clough Global Allocation Fund (NYSE MKT: GLV) 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 $0.06 per share, 5.00%. Based on the
Fund's current share price of $14.90 and net asset value per share of
$17.66 (as of close on December 11, 2013), the new distributions
represent an annualized distribution rate of 8.46% and 7.13%,
respectively. The Fund has approximately $335 million in total assets.

The following dates apply to the distributions declared:

See full press release


Related Articles (GLV)

View Comments and Join the Discussion!

Posted-In: News Guidance Dividends Management Global

Need corporate guidance data?
Click here to see licensing options.
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at