Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI – Get Free Report) announced a monthly dividend on Tuesday, April 23rd, Wall Street Journal reports. Investors 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 annualized dividend and a dividend yield of 8.19%. The ex-dividend date of this dividend is Friday, May 10th.
Lazard Global Total Return and Income Fund has decreased its dividend by an average of 4.3% 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 Price Performance
LGI traded down $0.05 during midday trading on Thursday, hitting $15.32. 20,895 shares of the company traded hands, compared to its average volume of 41,295. The company’s 50-day moving average is $15.83 and its 200 day moving average is $15.01. Lazard Global Total Return and Income Fund has a 52 week low of $12.65 and a 52 week 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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