Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI – Get Free Report) declared a monthly dividend on Friday, August 21st. Stockholders of record on Thursday, September 10th will be given a dividend of 0.1534 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 10.1%. The ex-dividend date of this dividend is Thursday, September 10th.
Lazard Global Total Return and Income Fund Stock Up 0.8%
Lazard Global Total Return and Income Fund stock opened at $18.25 on Tuesday. Lazard Global Total Return and Income Fund has a 12 month low of $15.32 and a 12 month high of $19.88. The stock’s 50 day moving average is $18.39 and its 200-day moving average is $17.99.
About Lazard Global Total Return and Income Fund
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.
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