DENVER, July 8, 2022 /PRNewswire/ — Today the Board of Directors (the “Board”) of Clough Global Dividend and Income Fund (the “Fund”) declared a monthly cash distribution of $0.0906 per common share, payable on the dates indicated below. The Fund’s managed distribution policy is to set the monthly distribution rate at an amount equal to one-twelfth of 10% of the Fund’s year-end adjusted net asset value per share (“NAV”), which will correspond to the average NAVs on the last five business days of the previous calendar year.
The following dates apply to declared distributions:
Ex-Date: July 18, 2022
Registration Date : July 19, 2022
Payment date : July 29, 2022
Ex-Date: August 18, 2022
Registration Date : August 19, 2022
Payment date : August 31, 2022
Ex-Date: September 19, 2022
Registration Date : September 20, 2022
Payment date : September 30, 2022
A portion of the distribution may be considered to arise from sources other than net income, including, but not limited to, short-term capital gain, long-term capital gain and return of capital. The final determination of the source of all distributions, including the percentage of eligible dividend income, will be made after the end of the year.
Clough Global Dividend & Income Fund
The Fund is a closed-end fund whose investment objective is to provide high total return. The Fund seeks to pursue this objective by applying a fundamental research driven investment process and will invest in equity and equity related securities as well as fixed income securities including corporate and sovereign debt securities. , in US and non-US markets. The portfolio managers of the Fund are Chuck Clough and Rob Zdunczyk. From June 30the2022, the fund had approximately $186.7 million in total assets. More information, including the Fund’s dividend reinvestment plan, can be found at www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners LP
Clough Capital is a Boston-investment advisory company that manages approximately $1.8 billion in assets: $594 million in hedge funds and institutional accounts; $47 million in mutual funds with variable capital; and $1.2 billion in three closed funds (at June 30, 2022) – Clough Global Dividend & Income Fund (GLV), Clough Global Equity Fund (GLQ) and Clough Global Opportunities Fund (GLO).
An investor should carefully consider the investment objectives, risks, charges and expenses before investing. To obtain an annual report or semi-annual report containing this and other information, visit www.cloughglobal.com or call 877-256-8445. Read them carefully before investing.
Clough Global Dividend & Income Fund is a closed-end fund and closed-end funds do not continually issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades on the secondary market. Investors wishing to buy or sell shares must place their orders through an intermediary or a broker. The price of a share of a closed-end fund is based on market value.
Forward-looking statements are based on information available as of the date hereof, and neither the Fund Manager nor any person affiliated with the Fund Manager has any obligation to update any forward-looking statements. Important factors that could affect actual results and cause these statements to differ include, among other factors, material and adverse changes to the asset class and actual portfolio composition.
Clough Global Dividend & Income Fund (NYSE MKT:GLV)
1290 Broadway, Suite 1000
Denver, CO 80203
ALPS Portfolio Solutions Distributor, Inc., a FINRA member firm.
SOURCE Clough Global Dividend & Income Fund