Wednesday Is Your Last Chance To Buy Clough Global Dividend Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Clough Global Dividend (AMEX:GLV) has announced a monthly dividend of 5.97 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 31, 2023.
October 16, 2023 | 2:45 pm
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Clough Global Dividend (GLV) will pay a monthly dividend of 5.97 cents per share. The stock will likely open lower on the ex-dividend date.
The announcement of a dividend payout typically leads to a short-term increase in the stock price as investors buy in to qualify for the dividend. However, the stock price usually drops on the ex-dividend date as the payout is factored into the stock price. Therefore, GLV's stock price is likely to decrease in the short term.
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