Lazard Global Total Return & Income Fund (NYSE:LGI) announced a monthly dividend on Wednesday, April 17th, Wall Street Journal reports. Investors of record on Monday, May 13th will be paid a dividend of 0.0888 per share on Thursday, May 23rd. This represents a $1.07 dividend on an annualized basis and a dividend yield of 6.81%. The ex-dividend date is Friday, May 10th.

Lazard Global Total Return & Income Fund has increased its dividend by an average of 38.4% annually over the last three years.

NYSE:LGI opened at $15.65 on Thursday. Lazard Global Total Return & Income Fund has a 52-week low of $12.40 and a 52-week high of $18.85.

An institutional investor recently bought a new position in Lazard Global Total Return & Income Fund stock. Geode Capital Management LLC bought a new position in shares of Lazard Global Total Return & Income Fund (NYSE:LGI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,085 shares of the company’s stock, valued at approximately $273,000.

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Lazard Global Total Return & Income Fund Company Profile

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.

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Dividend History for Lazard Global Total Return & Income Fund (NYSE:LGI)

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