Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Plans Monthly Dividend of $0.15

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a monthly dividend on Monday, February 24th, Wall Street Journal reports. Shareholders 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 yield of 10.50%. The ex-dividend date of this dividend is Monday, March 10th.

Lazard Global Total Return and Income Fund has raised its dividend by an average of 3.1% annually over the last three years.

Lazard Global Total Return and Income Fund Price Performance

Shares of NYSE:LGI opened at $16.73 on Tuesday. Lazard Global Total Return and Income Fund has a fifty-two week low of $14.84 and a fifty-two week high of $18.23. The business has a 50-day simple moving average of $16.38 and a two-hundred day simple moving average of $16.85.

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.