Lazard Global Total Return & Income Fund Declares Monthly Dividend of $0.08 (LGI)
Lazard Global Total Return & Income Fund (NYSE:LGI) announced a monthly dividend on Wednesday, August 16th, Wall Street Journal reports. Stockholders of record on Tuesday, September 12th will be given a dividend of 0.0818 per share on Friday, September 22nd. This represents a $0.98 annualized dividend and a dividend yield of 6.03%. The ex-dividend date is Monday, September 11th.
Lazard Global Total Return & Income Fund has decreased its dividend by an average of 4.3% per year over the last three years.
Lazard Global Total Return & Income Fund (LGI) traded up 0.25% during midday trading on Wednesday, hitting $16.28. The stock had a trading volume of 17,053 shares. The company’s 50 day moving average is $16.46 and its 200 day moving average is $15.62. Lazard Global Total Return & Income Fund has a 1-year low of $13.29 and a 1-year high of $16.82.
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Lazard Global Total Return & Income Fund Company Profile
Lazard Global Total Return and Income Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return, consisting of capital appreciation and income. The Fund’s Global Equity Portfolio invests in a portfolio of approximately 60 to 80 United States and non-United States equity securities, including American Depository Receipts (ADRs).
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