Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI – Get Free Report) declared a monthly dividend on Monday, February 24th, Wall Street Journal reports. Investors of record on Monday, March 10th will be given a dividend of 0.1465 per share on Friday, March 21st. This represents a $1.76 dividend on an annualized basis and a yield of 10.53%. The ex-dividend date is Monday, March 10th.
Lazard Global Total Return and Income Fund has raised its dividend by an average of 3.1% per year over the last three years.
Lazard Global Total Return and Income Fund Price Performance
LGI opened at $16.69 on Wednesday. The company’s 50 day simple moving average is $16.39 and its two-hundred day simple moving average is $16.86. Lazard Global Total Return and Income Fund has a 1-year low of $14.84 and a 1-year high of $18.23.
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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