Lazard World Dividend & Income Fund, Inc Declares Monthly Dividend of $0.06 (NYSE:LOR)
Lazard World Dividend & Income Fund, Inc (NYSE:LOR) announced a monthly dividend on Friday, September 13th, Zacks reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.058 per share on Wednesday, October 23rd. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date is Thursday, October 10th.
Lazard World Dividend & Income Fund has increased its dividend payment by an average of 1.9% per year over the last three years.
NYSE LOR opened at $9.39 on Tuesday. Lazard World Dividend & Income Fund has a 12 month low of $8.10 and a 12 month high of $10.16. The stock’s fifty day moving average price is $9.29 and its 200-day moving average price is $9.68.
Lazard World Dividend & Income Fund Inc is a close ended balanced mutual fund launched and managed by Lazard Asset Management LLC. The fund invests in the public equity and fixed income markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations.
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