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Clough Global Allocation Fund Stock Dividends Overview

GLV pays dividends monthly. Last paid amount was $0.0526 at May 31, 2024. As of today, dividend yield (TTM) is 12.84%.

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) 12.84%
Frequency Monthly
1Y Growth -12.33%
Payout Ratio 0
Amount Per Share $0.0526
Next Ex-Dividend Date Jun 17, 2024
Next Payment Date Jun 28, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from GLV the purchase should be done within the next 14 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
141 Jul 16, 2010 Jul 22, 2010 Jul 30, 2010 $0.300 2.11%
142 Apr 06, 2010 Apr 14, 2010 Apr 30, 2010 $0.300 1.88%
143 Jan 06, 2010 Jan 20, 2010 Jan 29, 2010 $0.300 2.06%
144 Sep 29, 2009 Oct 19, 2009 Oct 30, 2009 $0.280 2.05%
145 Jul 10, 2009 Jul 20, 2009 Jul 31, 2009 $0.260 1.92%
146 Apr 06, 2009 Apr 15, 2009 Apr 30, 2009 $0.260 2.28%
147 Jan 07, 2009 Jan 14, 2009 Jan 30, 2009 $0.320 3.09%
148 Oct 03, 2008 Oct 14, 2008 Oct 31, 2008 $0.320 2.71%
149 Jul 02, 2008 Jul 14, 2008 Jul 31, 2008 $0.460 2.41%
150 Mar 31, 2008 Apr 14, 2008 Apr 30, 2008 $0.460 2.30%

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 12.84%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). 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 (11.09%).

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 May 31, 2024. The upcoming dividend Ex Date is Jun 17, 2024, with an amount of $0.0526.

How much does GLV pays per share?
The last recorder (May 16, 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 -12.41%.
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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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