The Clough Global Allocation Fund (AMEX: GLV) is set to go ex-dividend on August 18, 2026, with a dividend of $0.057 per share. This follows a previous trend of capital gains prior to dividend payments; in the last four dividends, the fund reported an average increase of $0.32 compared to the total dividends of $0.228.
In the two weeks leading up to the ex-dividend date, GLV shares have historically risen in price, demonstrating a pattern referred to as a “Dividend Run.” For instance, just before the last dividend, shares rose from $6.37 two weeks prior to $6.48 one day before the ex-dividend date, reflecting a $0.11 increase.
The upcoming dividend marks a monthly distribution and aligns with GLV’s implied annualized yield of approximately 10.80%.
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