Wednesday Is Your Last Chance To Buy Clough Global Equity Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Clough Global Equity (AMEX:GLQ) announced a monthly dividend of 6.03 cents per share, with Wednesday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Thursday, meaning it will likely open 6.03 cents lower. The dividend is payable on January 31, 2024.
January 15, 2024 | 2:45 pm
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Clough Global Equity (GLQ) will pay a monthly dividend of 6.03 cents per share, with the ex-dividend date being Thursday. The stock is expected to open lower by the dividend amount on that day.
The stock price is likely to drop by the amount of the dividend on the ex-dividend date, which is a common occurrence as the value of the dividend is no longer included in the stock price. This is a predictable short-term impact due to the mechanics of dividend payments.
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