Clough Global Opps's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Clough Global Opps (AMEX:GLO) announced it will pay a monthly dividend of 4.83 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 4.83 cents lower. Shareholders owning GLO by the end of Wednesday's session will be eligible for the dividend payout. The dividend will be paid out on October 31, 2023.
October 16, 2023 | 2:45 pm
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Clough Global Opps (GLO) will pay a monthly dividend of 4.83 cents per share. The stock will go ex-dividend on Thursday, which will likely cause the stock to open lower. The dividend will be paid out on October 31, 2023.
The announcement of a dividend payout usually has a positive impact on a stock as it makes it more attractive to investors. However, on the ex-dividend date, the stock price typically drops by the amount of the dividend to account for the payout. Therefore, in the short term, we can expect the stock price of GLO to drop.
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