Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) Declares Monthly Dividend of $0.15

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a monthly dividend on Wednesday, January 22nd,Wall Street Journal reports. Stockholders of record on Monday, February 10th will be paid a dividend of 0.1465 per share on Friday, February 21st. This represents a $1.76 dividend on an annualized basis and a dividend yield of 10.55%. The ex-dividend date of this dividend is Monday, February 10th.

Lazard Global Total Return and Income Fund has raised its dividend by an average of 2.1% annually over the last three years.

Lazard Global Total Return and Income Fund Price Performance

NYSE LGI traded up $0.15 during mid-day trading on Thursday, reaching $16.66. 63,230 shares of the stock were exchanged, compared to its average volume of 54,095. The stock has a 50 day simple moving average of $16.36 and a 200-day simple moving average of $16.82. Lazard Global Total Return and Income Fund has a one year low of $14.84 and a one year 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.