Clough Global Opportunities Fund About To Put More Money In Your Pocket (GLO)

Looking at the universe of stocks we cover at Dividend Channel, on 5/14/15, Clough Global Opportunities Fund (GLO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 5/29/15. As a percentage of GLO's recent stock price of $12.32, this dividend works out to approximately 0.81%, so look for shares of Clough Global Opportunities Fund to trade 0.81% lower — all else being equal — when GLO shares open for trading on 5/14/15.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for GLO, showing historical dividends prior to the most recent $0.10 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 9.74% 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 $10.89 per share, with $13.15 as the 52 week high point — that compares with a last trade of $12.32.

In Tuesday trading, Clough Global Opportunities Fund shares are currently off about 0.3% on the day.

More from Stocks

Stocks Tumble as Trump Calls Off North Korea Summit

Stocks Tumble as Trump Calls Off North Korea Summit

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

3 Red-Hot Chip Stocks Trading at Bargain Prices

3 Red-Hot Chip Stocks Trading at Bargain Prices

Tempted by General Electric's Fat Dividend Yield? Grab Yourself a Burger Instead

Tempted by General Electric's Fat Dividend Yield? Grab Yourself a Burger Instead