Skip to main content

Market Overview

Analyzing Clough Global Opps's Ex-Dividend Date

Share:

On April 9, 2021, Clough Global Opps (AMEX:GLO) declared a dividend payable on June 30, 2021 to its shareholders. Clough Global Opps also announced that shareholders on the company's books on or before June 21, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Clough Global Opps is set for June 18, 2021. The company's current dividend payout sits at $0.11, equating to a dividend yield of 10.25% at current price levels.

The Significance Of An Ex-Dividend Date

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.

Clough Global Opps's Dividend Payouts And Yields

Over the past year, Clough Global Opps has seen its dividend payouts remain the same and its yields trend downward. Last year on February 17, 2021 the company's payout sat at $0.11, which has returned to its value today. Clough Global Opps's dividend yield last year was 11.32%, which has since decreased by 1.07%.
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 about Clough Global Opps click here.

 

Related Articles (GLO)

View Comments and Join the Discussion!

Posted-In: BZI-ExDivDividends

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.
SPAC
Everything you need to know about the latest SPAC news.
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 vipaccounts@benzinga.com