Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI – Get Free Report) announced a monthly dividend on Wednesday, April 24th, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be paid a dividend of 0.1046 per share on Wednesday, May 22nd. This represents a $1.26 annualized dividend and a dividend yield of 8.17%. The ex-dividend date of this dividend is Friday, May 10th.
Lazard Global Total Return and Income Fund has decreased its dividend payment by an average of 4.3% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.
Lazard Global Total Return and Income Fund Stock Performance
Shares of NYSE:LGI opened at $15.37 on Thursday. The firm has a 50 day simple moving average of $15.83 and a 200-day simple moving average of $15.01. Lazard Global Total Return and Income Fund has a twelve month low of $12.65 and a twelve month high of $16.68.
Lazard Global Total Return and Income Fund Company Profile
Lazard Global Total Return and Income Fund, Inc is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion.
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