Lazard Global Total Return and Income Fund, Inc. (LGI) to Distribute Monthly Dividend of $0.15 on November 24th

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a monthly dividend on Thursday, October 22nd. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.1534 per share on Tuesday, November 24th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 11.2%. The ex-dividend date of this dividend is Tuesday, November 10th.

Lazard Global Total Return and Income Fund Price Performance

NYSE LGI opened at $16.46 on Friday. Lazard Global Total Return and Income Fund has a twelve month low of $15.32 and a twelve month high of $19.88. The company’s 50-day simple moving average is $17.08 and its 200 day simple moving average is $17.81.

Institutional Investors Weigh In On Lazard Global Total Return and Income Fund

Several large investors have recently modified their holdings of LGI. Flagship Harbor Advisors LLC boosted its stake in shares of Lazard Global Total Return and Income Fund by 14.7% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 38,285 shares of the company’s stock valued at $652,000 after purchasing an additional 4,921 shares in the last quarter. Samalin Investment Counsel LLC acquired a new stake in shares of Lazard Global Total Return and Income Fund during the 3rd quarter worth about $172,000. Shaker Financial Services LLC acquired a new stake in shares of Lazard Global Total Return and Income Fund during the 3rd quarter worth about $873,000. CoreCap Advisors LLC increased its position in shares of Lazard Global Total Return and Income Fund by 11.9% during the 3rd quarter. CoreCap Advisors LLC now owns 17,701 shares of the company’s stock worth $301,000 after purchasing an additional 1,886 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new position in Lazard Global Total Return and Income Fund during the 2nd quarter valued at about $115,000.

About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc is a closed-end investment fund listed on the New York Stock Exchange under the symbol LGI. The fund seeks to provide investors with total return through a combination of capital appreciation and current income.

LGI invests in a diversified portfolio of global securities, including equity and fixed-income investments. Its holdings may include securities issued by companies and governments in developed and emerging markets, allowing the fund to pursue opportunities across multiple regions, industries and currencies.