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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) announced a dividend on Monday, December 23rd,NASDAQ Dividends reports. Stockholders of record on Friday, January 10th will be given a dividend of 0.1494 per share on Wednesday, January 22nd. The ex-dividend date of this dividend is Friday, January 10th. This is a positive change from Lazard Global Total Return and Income Fund’s previous dividend of $0.12.

Lazard Global Total Return and Income Fund has decreased its dividend by an average of 17.2% annually over the last three years.

Lazard Global Total Return and Income Fund Price Performance

NYSE:LGI traded up $0.13 during mid-day trading on Tuesday, reaching $16.26. The stock had a trading volume of 17,501 shares, compared to its average volume of 45,461. The business has a 50 day simple moving average of $16.82 and a 200 day simple moving average of $16.93. Lazard Global Total Return and Income Fund has a twelve month low of $14.84 and a twelve month high of $18.23.

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.