Lazard World Dividend & Income Fund, Inc (NYSE:LOR) Declares Monthly Dividend of $0.06
Lazard World Dividend & Income Fund, Inc (NYSE:LOR) announced a monthly dividend on Wednesday, July 19th, Wall Street Journal reports. Shareholders of record on Friday, August 11th will be given a dividend of 0.0605 per share on Wednesday, August 23rd. This represents a $0.73 dividend on an annualized basis and a yield of 6.43%. The ex-dividend date of this dividend is Wednesday, August 9th.
Lazard World Dividend & Income Fund has decreased its dividend by an average of 12.4% per year over the last three years.
Shares of Lazard World Dividend & Income Fund (NYSE:LOR) opened at 11.29 on Tuesday. The firm has a 50-day moving average price of $11.11 and a 200-day moving average price of $10.70. Lazard World Dividend & Income Fund has a 52-week low of $9.34 and a 52-week high of $11.31.
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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 will pursue this objective through a world equity strategy and a short-term emerging markets and debt strategy.
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