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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Tuesday, March 10th will be paid a dividend of 0.1534 per share on Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 9.5%. The ex-dividend date of this dividend is Tuesday, March 10th.

Lazard Global Total Return and Income Fund Stock Performance

Shares of NYSE:LGI traded up $0.02 on Tuesday, hitting $19.28. The company’s stock had a trading volume of 13,430 shares, compared to its average volume of 63,993. The company has a 50-day simple moving average of $18.16 and a 200 day simple moving average of $17.68. Lazard Global Total Return and Income Fund has a 1 year low of $13.35 and a 1 year high of $19.34.

Lazard Global Total Return and Income Fund Company Profile

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.