Lazard Global Total Return and Income Fund, Inc. (LGI) to Issue Monthly Dividend of $0.15 on January 22nd

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) announced a monthly dividend on Tuesday, December 23rd. Stockholders of record on Monday, January 12th will be paid a dividend of 0.1477 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 10.1%. The ex-dividend date of this dividend is Monday, January 12th.

Lazard Global Total Return and Income Fund Price Performance

Shares of LGI opened at $17.59 on Thursday. Lazard Global Total Return and Income Fund has a one year low of $13.35 and a one year high of $17.85. The stock has a 50-day moving average price of $17.36 and a 200 day moving average price of $17.20.

Lazard Global Total Return and Income Fund Company Profile

The Lazard Global Total Return and Income Fund (NYSE: LGI) is a closed-end management investment company that seeks to provide its shareholders with an attractive level of current income and capital appreciation. Managed by Lazard Asset Management LLC, the fund pursues a global, multi-asset strategy that includes investments in common stocks, investment-grade and high-yield corporate bonds, emerging market debt, sovereign securities and convertible instruments. By blending equity and fixed-income exposures, LGI aims to generate a diversified income stream while managing volatility across market cycles.

Leveraging the research capabilities of Lazard’s global investment platform, the fund’s portfolio managers draw on in-house analysts and specialist teams located in North America, Europe and Asia.