Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) to Issue $0.10 Monthly Dividend

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a monthly dividend on Wednesday, April 24th, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be given a dividend of 0.1046 per share on Wednesday, May 22nd. This represents a $1.26 dividend on an annualized basis and a dividend yield of 8.17%. The ex-dividend date is Friday, May 10th.

Lazard Global Total Return and Income Fund has decreased its dividend payment by an average of 1.7% per year over the last three years and has increased its dividend every year for the last 1 years.

Lazard Global Total Return and Income Fund Trading Up 0.1 %

NYSE:LGI traded up $0.02 during mid-day trading on Wednesday, reaching $15.37. 33,368 shares of the stock were exchanged, compared to its average volume of 41,554. The company has a 50 day simple moving average of $15.83 and a 200-day simple moving average of $15.01. Lazard Global Total Return and Income Fund has a 1 year low of $12.65 and a 1 year high of $16.68.

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.