
Clough Global Dividend and Income Fund (GLV) Dividend
Clough Global Dividend and Income Fund · Financial Services · Asset Management · monthly payer
As of Nov 8, 2026, Clough Global Dividend and Income Fund (GLV) pays a monthly dividend of $0.0570 per share, or $0.68 a year, a 11.79% yield at its $5.76 share price. The next ex-dividend date is Nov 17, 2026, paid Dec 1, 2026. It has a dividend safety grade of C.
Forward Yield
11.79%
Annual Dividend
$0.68
Payout Ratio
42%
5-Yr Growth
-12.1%
Ex-Date
Nov 17, 2026
Frequency
Monthly
Key facts about GLV's dividend
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Clough Global Dividend and Income Fund (GLV) has a forward dividend yield of 11.79%, based on an annual dividend of $0.68 per share and a share price of $5.76.
- As of Nov 8, 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 Nov 17, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 8, 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 Nov 8, 2026, SmarterDividends' blended fair-value estimate for GLV is $11.32 per share, 96% above the $5.76 share price, so GLV screens as undervalued.
- Clough Global Dividend and Income Fund (GLV) pays its dividend monthly, 12 times a year.
- Clough Global Dividend and Income Fund (GLV) has raised its regular dividend 17 times and cut it 16 times across the 193 payments on record since 2004. Its most recent change was a 7.5% increase to $0.0570 per share, going ex-dividend on Jan 20, 2026. The last cut went ex-dividend on Jan 18, 2024.
Cite this page
SmarterDividends, "GLV Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/GLV
Is GLV a good dividend stock?
Yes, with caveatsClough Global Dividend and Income Fund (GLV) pays a monthly dividend yielding 11.79% ($0.68/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
- 11.79%
- Payout Ratio
- 42%
- Annual Dividend
- $0.68
- 5-Yr Avg Growth
- -12.1%
- Ex-Dividend Date
- Nov 17, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.77
- Market Cap
- $71.5M
- P/E Ratio
- 3.7
- 5-Yr Total Return
- -47%
- 52-Week Range
- $5.65 – $6.65
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2024)
GLV dividend raises and cuts
Clough Global Dividend and Income Fund (GLV) has raised its regular dividend 17 times and cut it 16 times across the 193 payments on record since 2004. Its most recent change was a 7.5% increase to $0.0570 per share, going ex-dividend on Jan 20, 2026. The last cut went ex-dividend on Jan 18, 2024.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 20, 2026 | Raise | $0.0530 → $0.0570 | +7.5% |
| Jan 18, 2024 | Cut | $0.0600 → $0.0530 | −11.7% |
| Jan 19, 2023 | Cut | $0.0910 → $0.0600 | −34.1% |
| Jan 20, 2022 | Cut | $0.0970 → $0.0910 | −6.2% |
| Jan 19, 2021 | Cut | $0.101 → $0.0970 | −4.0% |
| Dec 20, 2019 | Raise | $0.100 → $0.101 | +1.0% |
| Oct 18, 2019 | Cut | $0.103 → $0.100 | −2.9% |
| Aug 20, 2019 | Raise | $0.103 → $0.104 | +1.0% |
| Jul 19, 2019 | Raise | $0.102 → $0.103 | +1.1% |
| Jun 14, 2019 | Cut | $0.104 → $0.102 | −1.9% |
| May 20, 2019 | Raise | $0.103 → $0.104 | +1.0% |
| Mar 20, 2019 | Raise | $0.0999 → $0.103 | +3.0% |
Show all 33 changes since 2005
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jan 18, 2019 | Cut | $0.105 → $0.0999 | −4.8% |
| Nov 19, 2018 | Cut | $0.112 → $0.106 | −5.4% |
| Oct 18, 2018 | Cut | $0.114 → $0.112 | −1.8% |
| Sep 19, 2018 | Raise | $0.113 → $0.114 | +0.9% |
| May 18, 2018 | Cut | $0.117 → $0.114 | −2.6% |
| Mar 16, 2018 | Cut | $0.123 → $0.117 | −4.9% |
| Feb 16, 2018 | Raise | $0.122 → $0.123 | +0.8% |
| Jan 19, 2018 | Cut | $0.124 → $0.122 | −1.6% |
| Dec 18, 2017 | Raise | $0.122 → $0.124 | +1.6% |
| Aug 18, 2017 | Raise | $0.103 → $0.122 | +18.4% |
| Aug 17, 2016 | Cut | $0.120 → $0.103 | −14.2% |
| Jan 14, 2015 | Raise | $0.105 → $0.120 | +14.3% |
| Jan 15, 2014 | Cut | $0.300 → $0.105 | −65.0% |
| Jan 20, 2010 | Raise | $0.280 → $0.300 | +7.1% |
| Oct 19, 2009 | Raise | $0.260 → $0.280 | +7.7% |
| Apr 15, 2009 | Cut | $0.320 → $0.260 | −18.7% |
| Oct 14, 2008 | Cut | $0.460 → $0.320 | −30.4% |
| Apr 14, 2008 | Raise | $0.450 → $0.460 | +2.2% |
| Jul 11, 2007 | Raise | $0.360 → $0.450 | +25.0% |
| Oct 12, 2005 | Raise | $0.330 → $0.360 | +9.1% |
| Apr 13, 2005 | Raise | $0.300 → $0.330 | +10.0% |
Frequently Asked Questions
Is GLV a good dividend stock?
Yes, with caveats. Clough Global Dividend and Income Fund (GLV) pays a monthly dividend yielding 11.79% ($0.68/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 $11.32 versus a $5.76 share price — so it looks undervalued (+96% 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 $11.32 per share, roughly 96% above the current $5.76 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 11.79% ($0.68/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 $0.68 per share annually, a forward yield of roughly 11.79%.
How much dividend does 100 shares of GLV pay?
At $0.68 per share a year, 100 shares of GLV pay $68.00 a year in dividends before tax, about $5.67 each month. Buying them costs about $576 at the Nov 8, 2026 price.
What is GLV's dividend yield?
As of Nov 8, 2026, GLV's forward dividend yield is 11.79%, based on a $0.68 annual dividend and a $5.76 share price.
What is GLV's dividend per share?
As of Nov 8, 2026, GLV pays $0.68 per share per year, distributed on a monthly basis.
What is GLV's dividend payout ratio?
As of Nov 8, 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 Nov 8, 2026, the next ex-dividend date on record for GLV is Nov 17, 2026.
GLV Price — Last 12 Months
Daily close
Price Return
1 Year
-6%
3 Years
+15%
5 Years
-47%
52-Week Range
$5.65 – $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 $11.32 per share, versus a market price of $5.76. That implies 96% of upside — a margin of safety of about 49%.
Fair Value
$11.32
Current Price
$5.76
Upside
+96%
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: 8.1% 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 |
|---|---|---|---|
| Oct 19, 2026 | Oct 30, 2026 | $0.0570 | regular |
| 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 |
Income Calculator
At $0.68 / yr per share
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