DENVER, Jan. 10, 2022 /PRNewswire/ -- Today, the Board of
Trustees (the "Board") for the Clough Global Dividend and Income
Fund (the "Fund") has declared a monthly cash distribution of
$0.0906 per common share, payable on
the dates noted below. This represents a 6.31% decrease to the
previous distribution amount. This change is consistent with the
Fund's managed distribution policy of distributing 10% of the
Fund's adjusted year-end net asset value ("NAV") per
share, in monthly installments. The adjusted NAV is the
average NAV for the last five business days of the prior calendar
year.
The following dates apply to the distributions declared:
Ex-Date: January 20, 2022
Record Date: January 21, 2022
Payable Date: January 31, 2022
Ex-Date: February 17, 2022
Record Date: February 18, 2022
Payable Date: February 28, 2022
Ex-Date: March 17, 2022
Record Date: March 18, 2022
Payable Date: March 31, 2022
A portion of the distribution may be treated as paid 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 qualified dividend
income, will be made after year-end.
The Clough Global Dividend and Income Fund
The Fund is
a closed-end fund with an investment objective of providing a
high level of 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 both corporate and sovereign
debt, in both U.S. and non-U.S. markets. The Fund's portfolio
managers are Chuck Clough and
Rob Zdunczyk. As of December 31st, 2021 the fund had
approximately $192.1 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 L.P.
Clough Capital is a
Boston-based investment advisory
firm which manages approximately $2.2
billion in assets: $766
million in hedge fund and institutional accounts;
$92 million in open-end mutual funds;
and $1.3 billion in three closed-end
funds (as of December 31, 2021) –
Clough Global Dividend and Income Fund (GLV), Clough Global Equity
Fund (GLQ), and Clough Global Opportunities Fund (GLO).
An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain an
annual report or semi-annual report which contains this and other
information visit www.cloughglobal.com or call 877-256-8445. Read
them carefully before investing.
The Clough Global Dividend and Income Fund is a closed-end
fund and closed-end funds do not continuously issue shares for sale
as open-end mutual funds do. Since the initial public offering, the
Fund now trades in the secondary market. Investors wishing to buy
or sell shares need to place orders through an intermediary or
broker. The share price of a closed-end fund is based on the
market's
value.
Forward-looking statements are based on information that is
available on the date hereof, and neither the fund manager nor any
other person affiliated with the fund manager has any duty to
update any forward-looking statements. Important factors that could
affect actual results to differ from these statements include,
among other factors, material, negative changes to the asset class
and the actual composition of the portfolio.
ALPS Portfolio Solutions Distributor, Inc, FINRA Member
Firm.
Clough Global Dividend and Income Fund (NYSE MKT:
GLV)
1290 Broadway, Suite 1000
Denver, CO 80203
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