Lazard World Dividend & Income Fund, Inc (LOR) to Issue $0.06 Monthly Dividend

Lazard World Dividend & Income Fund, Inc (NYSE:LOR) declared a monthly dividend on Monday, March 20th. Shareholders of record on Wednesday, April 12th will be given a dividend of 0.0605 per share on Monday, April 24th. This represents a $0.73 annualized dividend and a yield of 6.75%. The ex-dividend date of this dividend is Monday, April 10th.

Lazard World Dividend & Income Fund (NYSE:LOR) traded up 3.07% on Monday, reaching $10.75. 92,387 shares of the company’s stock traded hands. The company’s 50 day moving average is $10.30 and its 200-day moving average is $9.97. Lazard World Dividend & Income Fund has a 52-week low of $8.54 and a 52-week high of $10.84.

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Lazard World Dividend & Income Fund Company Profile

Lazard World Dividend & Income Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of dividends, income and capital appreciation. The Fund’s net assets are invested in a portfolio of 60 to 90 world equity securities, consisting primarily of stocks selected from the holdings of other accounts managed by Lazard Asset Management LLC.

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