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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) declared a dividend on Monday, December 23rd,NASDAQ Dividends reports. Shareholders of record on Friday, January 10th will be paid a dividend of 0.1494 per share on Wednesday, January 22nd. The ex-dividend date of this dividend is Friday, January 10th. This is a positive change 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 Performance

Shares of LGI traded up $0.13 during mid-day trading on Tuesday, hitting $16.26. 17,501 shares of the company traded hands, compared to its average volume of 45,461. The business has a 50 day moving average of $16.82 and a 200 day moving average of $16.93. Lazard Global Total Return and Income Fund has a 1-year low of $14.84 and a 1-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.