Cash Dividend On The Way From Clough Global Allocation Fund (GLV)

Looking at the universe of stocks we cover at Dividend Channel, on 8/14/14, Clough Global Allocation Fund ( GLV) will trade ex-dividend, for its monthly dividend of $0.105, payable on 8/29/14. As a percentage of GLV's recent stock price of $14.86, this dividend works out to approximately 0.71%, so look for shares of Clough Global Allocation Fund to trade 0.71% lower — all else being equal — when GLV shares open for trading on 8/14/14.

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Below is a dividend history chart for GLV, showing historical dividends prior to the most recent $0.105 declared by Clough Global Allocation Fund:

GLV+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 GLV is likely to continue, and whether the current estimated yield of 8.48% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GLV shares, versus its 200 day moving average:

Clough Global Allocation Fund 200 Day Moving Average Chart

Looking at the chart above, GLV's low point in its 52 week range is $14.20 per share, with $16.44 as the 52 week high point — that compares with a last trade of $14.86.

In Tuesday trading, Clough Global Allocation Fund shares are currently down about 0.5% on the day.

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