Lazard Global Total Return & Income Fund (LGI) To Go Ex-Dividend on October 10th
Lazard Global Total Return & Income Fund (NYSE:LGI) declared a monthly dividend on Friday, September 13th, Zacks reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.089 per share on Wednesday, October 23rd. This represents a $1.07 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date is Thursday, October 10th.
Lazard Global Total Return & Income Fund has increased its dividend payment by an average of 38.4% per year over the last three years.
Shares of Lazard Global Total Return & Income Fund stock traded down $0.13 on Tuesday, reaching $15.22. The company had a trading volume of 1,411 shares, compared to its average volume of 25,751. The firm’s 50 day moving average price is $15.61 and its two-hundred day moving average price is $15.66. Lazard Global Total Return & Income Fund has a 52-week low of $12.40 and a 52-week high of $16.97.
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.
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