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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) announced a monthly dividend on Friday, August 23rd, Wall Street Journal reports. Investors of record on Wednesday, September 11th will be given a dividend of 0.1494 per share on Monday, September 23rd. This represents a $1.79 dividend on an annualized basis and a yield of 10.50%. The ex-dividend date of this dividend is Wednesday, September 11th.

Lazard Global Total Return and Income Fund has decreased its dividend by an average of 17.2% per year over the last three years.

Lazard Global Total Return and Income Fund Trading Up 1.3 %

NYSE:LGI traded up $0.22 during midday trading on Friday, reaching $17.08. 45,692 shares of the stock traded hands, compared to its average volume of 41,321. The company has a fifty day moving average of $16.63 and a 200 day moving average of $16.23. Lazard Global Total Return and Income Fund has a 12 month low of $12.65 and a 12 month high of $17.12.

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.