Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI – Get Free Report) announced a monthly dividend on Monday, February 24th, Wall Street Journal reports. Stockholders of record on Monday, March 10th will be paid a dividend of 0.1465 per share on Friday, March 21st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 10.53%. The ex-dividend date of this dividend is Monday, March 10th.
Lazard Global Total Return and Income Fund has raised its dividend payment by an average of 3.1% annually over the last three years.
Lazard Global Total Return and Income Fund Price Performance
NYSE:LGI opened at $16.69 on Wednesday. Lazard Global Total Return and Income Fund has a 12 month low of $14.84 and a 12 month high of $18.23. The business’s fifty day moving average price is $16.39 and its 200 day moving average price is $16.86.
About Lazard Global Total Return and Income Fund
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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