TerraForm Global (GLBL) Adds to Gains Following Dividend Declaration

March 1, 2016 9:15 AM EST

TerraForm Global (Nasdaq: GLBL) shares are popping higher early Tuesday after the company declared a quarterly dividend of $0.275 per share last night. The annualized yield on the payment is 34.7 percent.

Notably, today's move higher comes following a 24.8 percent gain on Monday and 10.9 percent rise last Friday. In total, the stock is up around 50 percent over the last few trading sessions.



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