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Analyzing Clough Global Opps's Ex-Dividend Date

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On January 8, 2021, Clough Global Opps (AMEX:GLO) announced shareholders can expect to receive a dividend payable on March 31, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Clough Global Opps will be on March 18, 2021. The company's current dividend payout is at $0.11. That equates to a dividend yield of 11.32% at current price levels.

The Significance Of Ex-Dividend Dates

An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Understanding Clough Global Opps's Dividend Performance

Over the past year, Clough Global Opps has seen its dividend payouts and yields climb upward overall. Last year (November 19, 2020), the company's payout sat at $0.09, which has since increased by $0.02. Clough Global Opps's dividend yield last year was 11.07%, which has since grown by 0.25%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

To read more news on Clough Global Opps click here.

 

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Posted-In: BZI-ExDivNews Dividends Intraday Update Markets

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