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 Tuesday, December 23rd. Investors of record on Monday, January 12th will be paid a dividend of 0.1477 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date is Monday, January 12th.

Lazard Global Total Return and Income Fund Price Performance

LGI stock traded down $0.01 during midday trading on Wednesday, hitting $17.64. The stock had a trading volume of 14,488 shares, compared to its average volume of 56,257. The business has a fifty day moving average price of $17.35 and a two-hundred day moving average price of $17.19. Lazard Global Total Return and Income Fund has a 1-year low of $13.35 and a 1-year high of $17.85.

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.