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Clough Global Equity Fund (Clough Global Equity Fund) 3-Year Dividend Growth Rate : -15.70% (As of Oct. 2023)


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What is Clough Global Equity Fund 3-Year Dividend Growth Rate?

Clough Global Equity Fund's Dividends per Share for the six months ended in Oct. 2023 was $0.36.

The historical rank and industry rank for Clough Global Equity Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

GLQ' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -15.7   Med: 2.65   Max: 10.9
Current: -15.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Clough Global Equity Fund was 10.90% per year. The lowest was -15.70% per year. And the median was 2.65% per year.

GLQ's 3-Year Dividend Growth Rate is ranked worse than
93.46% of 871 companies
in the Asset Management industry
Industry Median: 1.7 vs GLQ: -15.70

During the past 12 months, Clough Global Equity Fund's average Dividends Per Share Growth Rate was -45.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -7.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Clough Global Equity Fund's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00. As of today, Clough Global Equity Fund's Dividend Yield % is 11.28%.

Warning Sign:

Clough Global Equity Fund stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Clough Global Equity Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Clough Global Equity Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clough Global Equity Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clough Global Equity Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Clough Global Equity Fund's 3-Year Dividend Growth Rate falls into.



Clough Global Equity Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Clough Global Equity Fund  (AMEX:GLQ) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Clough Global Equity Fund's Dividend Payout Ratio for the quarter that ended in Oct. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Oct. 2023 )/ EPS without NRI (Q: Oct. 2023 )
=0.359/ -0.453
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Clough Global Equity Fund was 133.70. The lowest was 0.35. And the median was 1.12.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Clough Global Equity Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0600002024-04-182024-04-192024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002024-02-152024-02-162024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002024-01-182024-01-192024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-12-212023-12-222023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-11-162023-11-172023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-10-192023-10-202023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-08-172023-08-182023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-07-202023-07-212023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-06-152023-06-162023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0600002023-05-182023-05-192023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Clough Global Equity Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.72/6.39
=11.27 %

Current Share Price is $6.39.
Clough Global Equity Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.72.

During the past 13 years, the highest Dividend Yield of Clough Global Equity Fund was 27.52%. The lowest was 7.31%. And the median was 11.12%.

Warning Sign:

Clough Global Equity Fund stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Clough Global Equity Fund 3-Year Dividend Growth Rate Related Terms>


Clough Global Equity Fund (Clough Global Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.
Executives
Charles Jr Clough other: person affiliated w/ Inv. Adv. 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Advisor of Fund 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906

Clough Global Equity Fund (Clough Global Equity Fund) Headlines