
Clough Global Dividend and Income Fund
GLVFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
11.73%
Annual Dividend
$0.65
Payout Ratio
42%
5-Yr Growth
-12.1%
Ex-Date
Oct 19, 2026
Frequency
Monthly
Key facts about GLV's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Clough Global Dividend and Income Fund (GLV) has a forward dividend yield of 11.73%, based on an annual dividend of $0.65 per share and a share price of $5.74.
- As of Oct 15, 2026, GLV's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
- GLV last cut its regular dividend in 2024.
- GLV's next ex-dividend date is Oct 19, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 15, 2026, GLV pays out 42% of its trailing 12-month earnings as dividends (its payout ratio).
- GLV's dividend has shrunk at an average rate of 12.1% a year over the past five years.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for GLV is $11.29 per share, 97% above the $5.74 share price, so GLV screens as undervalued.
- Clough Global Dividend and Income Fund (GLV) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "GLV Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/GLV
Summary
As of Oct 15, 2026, Clough Global Dividend and Income Fund (GLV) yields 11.73% ($0.65 a year per share) and has a dividend safety grade of C (62/100).
Is GLV a good dividend stock?
Yes, with caveatsClough Global Dividend and Income Fund (GLV) pays a monthly dividend yielding 11.73% ($0.65/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (42%)
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 11.73%
- Payout Ratio
- 42%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- -12.1%
- Ex-Dividend Date
- Oct 19, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.77
- Market Cap
- $71.2M
- P/E Ratio
- 3.7
- 5-Yr Total Return
- -49%
- 52-Week Range
- $5.73 – $6.65
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Is GLV a good dividend stock?
Yes, with caveats. Clough Global Dividend and Income Fund (GLV) pays a monthly dividend yielding 11.73% ($0.65/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is GLV undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GLV's fair value is about $11.29 versus a $5.74 share price — so it looks undervalued (+97% vs. fair value).
Is GLV's dividend safe?
GLV has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.
What is GLV's fair value?
Our blended fair-value estimate for GLV is about $11.29 per share, roughly 97% above the current $5.74 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is GLV a buy, hold, or sell?
We don't issue formal ratings, but on the data GLV screens as "yes, with caveats" and undervalued. Clough Global Dividend and Income Fund (GLV) pays a monthly dividend yielding 11.73% ($0.65/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will GLV cut its dividend?
GLV earns a dividend-safety grade of C (62/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does GLV pay a dividend?
Yes. Clough Global Dividend and Income Fund pays a monthly dividend of about $0.65 per share annually, a forward yield of roughly 11.73%.
What is GLV's dividend yield?
As of Oct 15, 2026, GLV's forward dividend yield is 11.73%, based on a $0.65 annual dividend and a $5.74 share price.
What is GLV's dividend per share?
As of Oct 15, 2026, GLV pays $0.65 per share per year, distributed on a monthly basis.
What is GLV's dividend payout ratio?
As of Oct 15, 2026, GLV's payout ratio is 42% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has GLV grown its dividend?
GLV does not currently have a long dividend-growth streak on record.
When is the next GLV ex-dividend date?
As of Oct 15, 2026, the next ex-dividend date on record for GLV is Oct 19, 2026.
GLV Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+18%
5 Years
-49%
52-Week Range
$5.73 – $6.65
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GLV worth?
Undervaluedlow confidenceOur blended fair-value estimate for Clough Global Dividend and Income Fund is $11.29 per share, versus a market price of $5.74. That implies 97% of upside — a margin of safety of about 49%.
Fair Value
$11.29
Current Price
$5.74
Upside
+97%
Margin of Safety
49%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.2% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.55 EPS, $0.68 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GLV Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full GLV dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 17, 2026 | Sep 30, 2026 | $0.0570 | regular |
| Aug 18, 2026 | Aug 31, 2026 | $0.0570 | regular |
| Jul 17, 2026 | Jul 31, 2026 | $0.0570 | regular |
| Jun 17, 2026 | Jun 30, 2026 | $0.0570 | regular |
| May 18, 2026 | May 29, 2026 | $0.0570 | regular |
| Apr 17, 2026 | Apr 30, 2026 | $0.0570 | regular |
| Mar 18, 2026 | Mar 31, 2026 | $0.0570 | regular |
| Feb 18, 2026 | Feb 27, 2026 | $0.0570 | regular |
| Jan 20, 2026 | Jan 30, 2026 | $0.0570 | regular |
| Dec 17, 2025 | Dec 31, 2025 | $0.0530 | regular |
| Nov 17, 2025 | Nov 28, 2025 | $0.0530 | regular |
| Oct 17, 2025 | Oct 31, 2025 | $0.0530 | regular |
| Sep 17, 2025 | Sep 30, 2025 | $0.0530 | regular |
| Aug 18, 2025 | Aug 29, 2025 | $0.0530 | regular |
Income Calculator
At $0.65 / yr per share
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