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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a monthly dividend on Wednesday, January 22nd,Wall Street Journal reports. Shareholders of record on Monday, February 10th will be given a dividend of 0.1465 per share on Friday, February 21st. This represents a $1.76 dividend on an annualized basis and a yield of 10.55%. The ex-dividend date is Monday, February 10th.

Lazard Global Total Return and Income Fund has increased its dividend payment by an average of 2.1% per year over the last three years.

Lazard Global Total Return and Income Fund Price Performance

LGI stock opened at $16.66 on Friday. Lazard Global Total Return and Income Fund has a fifty-two week low of $14.84 and a fifty-two week high of $18.23. The business’s 50-day moving average is $16.36 and its two-hundred day moving average is $16.82.

About Lazard Global Total Return and Income Fund

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.