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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a dividend on Monday, September 23rd, NASDAQ reports. Stockholders of record on Friday, October 11th will be paid a dividend of 0.1494 per share on Tuesday, October 22nd. The ex-dividend date of this dividend is Friday, October 11th. This is a boost 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% per year over the last three years.

Lazard Global Total Return and Income Fund Stock Up 0.6 %

Lazard Global Total Return and Income Fund stock traded up $0.10 during mid-day trading on Tuesday, hitting $17.75. The company’s stock had a trading volume of 43,663 shares, compared to its average volume of 43,816. Lazard Global Total Return and Income Fund has a 52-week low of $12.65 and a 52-week high of $17.84. The firm’s 50 day moving average is $16.85 and its 200 day moving average is $16.47.

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.