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 Monday, March 24th, Wall Street Journal reports. Shareholders of record on Thursday, April 10th will be given a dividend of 0.1465 per share on Tuesday, April 22nd. This represents a $1.76 dividend on an annualized basis and a yield of 11.19%. The ex-dividend date is Thursday, April 10th.

Lazard Global Total Return and Income Fund has increased its dividend payment by an average of 3.1% per year over the last three years.

Lazard Global Total Return and Income Fund Trading Up 1.0 %

LGI traded up $0.16 during trading hours on Monday, hitting $15.71. The stock had a trading volume of 54,725 shares, compared to its average volume of 50,160. Lazard Global Total Return and Income Fund has a 1 year low of $14.84 and a 1 year high of $18.23. The company’s fifty day simple moving average is $16.34 and its 200 day simple moving average is $16.73.

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.