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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a monthly dividend on Friday, May 22nd. Shareholders of record on Wednesday, June 10th will be paid a dividend of 0.1534 per share on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date of this dividend is Wednesday, June 10th.

Lazard Global Total Return and Income Fund Stock Down 0.7%

Shares of LGI stock opened at $18.03 on Monday. The firm’s 50-day moving average is $17.42 and its two-hundred day moving average is $17.77. Lazard Global Total Return and Income Fund has a 12 month low of $15.32 and a 12 month high of $19.88.

About Lazard Global Total Return and Income Fund

The Lazard Global Total Return and Income Fund (NYSE: LGI) is a closed-end management investment company that seeks to provide its shareholders with an attractive level of current income and capital appreciation. Managed by Lazard Asset Management LLC, the fund pursues a global, multi-asset strategy that includes investments in common stocks, investment-grade and high-yield corporate bonds, emerging market debt, sovereign securities and convertible instruments. By blending equity and fixed-income exposures, LGI aims to generate a diversified income stream while managing volatility across market cycles.

Leveraging the research capabilities of Lazard’s global investment platform, the fund’s portfolio managers draw on in-house analysts and specialist teams located in North America, Europe and Asia.