Lazard Global Total Return and Income Fund, Inc. (LGI) to Issue Monthly Dividend of $0.10 on May 22nd

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) announced a monthly dividend on Tuesday, April 23rd, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.1046 per share on Wednesday, May 22nd. This represents a $1.26 dividend on an annualized basis and a yield of 7.80%. The ex-dividend date is Friday, May 10th.

Lazard Global Total Return and Income Fund has decreased its dividend by an average of 17.2% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Lazard Global Total Return and Income Fund Trading Up 0.5 %

Shares of LGI stock opened at $16.09 on Wednesday. Lazard Global Total Return and Income Fund has a 1 year low of $12.65 and a 1 year high of $16.68. The stock has a 50 day simple moving average of $15.84 and a 200 day simple moving average of $15.16.

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.