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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) announced a monthly dividend on Thursday, January 23rd,Wall Street Journal reports. Stockholders of record on Monday, February 10th will be paid a dividend of 0.1465 per share on Friday, February 21st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 10.57%. 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

Shares of NYSE:LGI traded up $0.13 on Thursday, reaching $16.64. The company’s stock had a trading volume of 54,114 shares, compared to its average volume of 52,737. The stock’s 50-day moving average is $16.36 and its two-hundred day moving average is $16.82. Lazard Global Total Return and Income Fund has a 52-week low of $14.84 and a 52-week high of $18.23.

Lazard Global Total Return and Income Fund Company Profile

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.