Lazard Global Total Return & Income Fund (NYSE:LGI) announced a monthly dividend on Wednesday, January 16th, Wall Street Journal reports. Stockholders of record on Tuesday, February 12th will be given a dividend of 0.0888 per share on Friday, February 22nd. This represents a $1.07 dividend on an annualized basis and a dividend yield of 7.32%. The ex-dividend date of this dividend is Monday, February 11th.
Lazard Global Total Return & Income Fund has increased its dividend payment by an average of 38.4% per year over the last three years.
Lazard Global Total Return & Income Fund stock opened at $14.56 on Friday. Lazard Global Total Return & Income Fund has a twelve month low of $12.40 and a twelve month high of $19.32.
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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