Cash Dividend On The Way From Clough Global Equity Fund (GLQ)

Looking at the universe of stocks we cover at Dividend Channel, on 10/17/13, Clough Global Equity Fund (GLQ) will trade ex-dividend, for its quarterly dividend of $0.29, payable on 10/31/13. As a percentage of GLQ's recent stock price of $14.89, this dividend works out to approximately 1.95%, so look for shares of Clough Global Equity Fund to trade 1.95% lower — all else being equal — when GLQ shares open for trading on 10/17/13.

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Below is a dividend history chart for GLQ, showing historical dividends prior to the most recent $0.29 declared by Clough Global Equity Fund:

GLQ+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 GLQ is likely to continue, and whether the current estimated yield of 7.79% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of GLQ shares, versus its 200 day moving average:

Clough Global Equity Fund 200 Day Moving Average Chart

Looking at the chart above, GLQ's low point in its 52 week range is $11.51 per share, with $15.75 as the 52 week high point — that compares with a last trade of $14.89.
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In Tuesday trading, Clough Global Equity Fund shares are currently down about 1.5% on the day.

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