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Clough Global Allocation Fund Stock Dividends Overview

GLV pays dividends monthly. Last paid amount was $0.0526 at Apr 30, 2024. As of today, dividend yield (TTM) is 13.01%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 13.01%
Frequency Monthly
1Y Growth -12.33%
Payout Ratio 0
Amount Per Share $0.0526
Next Ex-Dividend Date May 16, 2024
Next Payment Date May 31, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from GLV the purchase should be done within the next 9 days.
Here's a simple guide on how to buy GLV stock.

GLV Dividend Payout History

To ensure a understanding of GLV's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 17, 2024 Jun 17, 2024 Jun 28, 2024 $0.0526 0.96%
2 Apr 05, 2024 May 16, 2024 May 31, 2024 $0.0526 0.96%
3 Apr 05, 2024 Apr 18, 2024 Apr 30, 2024 $0.0526 0.98%
4 Jan 08, 2024 Mar 14, 2024 Mar 28, 2024 $0.0526 0.94%
5 Feb 15, 2024 Feb 15, 2024 Feb 29, 2024 $0.0526 0.95%
6 Jan 18, 2024 Jan 18, 2024 Jan 31, 2024 $0.0526 0.99%
7 Oct 09, 2023 Dec 21, 2023 Dec 29, 2023 $0.0597 1.16%
8 Oct 09, 2023 Nov 16, 2023 Nov 30, 2023 $0.0600 1.19%
9 Oct 09, 2023 Oct 19, 2023 Oct 31, 2023 $0.0600 1.22%
10 Jul 10, 2023 Sep 21, 2023 Sep 29, 2023 $0.0600 1.21%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

GLV Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GLV dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GLV stock here.

Comparing GLV to Sector and Country

GLV pays a solid dividend yield of 13.01%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). GLV’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%).

FAQ

What factors can affect the amount of GLV's dividend payments?
The amount of GLV's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GLV sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GLV stock be automatically reinvested?
If GLV offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GLV stock.

How often does GLV pay dividend?
Clough Global Allocation Fund (GLV) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 16, 2024, with an amount of $0.0526.

How much does GLV pays per share?
The last recorder (Apr 18, 2024) dividend per share was $0.0526.

What is GLV dividend growth rate?
Over the last year, Clough Global Allocation Fund has witnessed growth rate of -12.33% . Looking back over the past 3 years, this growth rate has been -18.45%. Furthermore, examining the past 5 years, Clough Global Allocation Fund has maintained an average Dividends Per Share Growth Rate of -12.74%.
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About Clough Global Allocation Fund

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. For its fixed income portion, it invests in corporate and sovereign debt. It invest in fixed income securities having a maturity ranging from 30... GLV Profile

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