GLO Ex-Dividend Reminder - 10/16/13

Looking at the universe of stocks we cover at Dividend Channel, on 10/16/13, Clough Global Opportunities Fund (GLO) will trade ex-dividend, for its quarterly dividend of $0.27, payable on 10/31/13. As a percentage of GLO's recent stock price of $12.79, this dividend works out to approximately 2.11%, so look for shares of Clough Global Opportunities Fund to trade 2.11% lower — all else being equal — when GLO shares open for trading on 10/16/13.

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Below is a dividend history chart for GLO, showing historical dividends prior to the most recent $0.27 declared by Clough Global Opportunities Fund:

GLO+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GLO is likely to continue, and whether the current estimated yield of 8.44% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of GLO shares, versus its 200 day moving average:

Clough Global Opportunities Fund 200 Day Moving Average Chart

Looking at the chart above, GLO's low point in its 52 week range is $10.56 per share, with $13.55 as the 52 week high point — that compares with a last trade of $12.79.
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In Monday trading, Clough Global Opportunities Fund shares are currently down about 0.4% on the day.

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