Clough Global Equity Fund

NYSEAM:GLQ Stock Report

Market Cap: US$118.9m

Clough Global Equity Fund Dividend

Dividend criteria checks 3/6

Clough Global Equity Fund is a dividend paying company with a current yield of 11.39%. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.

Key information

11.4%

Dividend yield

-178%

Payout ratio

Industry average yield2.3%
Next dividend pay date31 May 24
Ex dividend date16 May 24
Dividend per sharen/a
Earnings per share-US$0.47
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayApr 30 2024Ex Dividend DateMay 16 2024Dividend Pay DateMay 31 202415 days from Ex DividendBuy in the next 16 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GLQ's dividend payments have been volatile in the past 10 years.

Growing Dividend: GLQ's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Clough Global Equity Fund Dividend Yield vs Market
How does GLQ dividend yield compare to the market?
SegmentDividend Yield
Company (GLQ)11.4%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.8%
Industry Average (Capital Markets)2.3%
Analyst forecast in 3 Years (GLQ)n/a

Notable Dividend: GLQ's dividend (11.39%) is higher than the bottom 25% of dividend payers in the US market (1.55%).

High Dividend: GLQ's dividend (11.39%) is in the top 25% of dividend payers in the US market (4.78%)


Earnings Payout to Shareholders

Earnings Coverage: GLQ is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (16.7%), GLQ's dividend payments are well covered by cash flows.

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