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) declared a monthly dividend on Tuesday, December 23rd. Shareholders of record on Monday, January 12th will be given a dividend of 0.1477 per share on Thursday, January 22nd. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Monday, January 12th.

Lazard Global Total Return and Income Fund Stock Performance

Lazard Global Total Return and Income Fund stock opened at $17.92 on Friday. Lazard Global Total Return and Income Fund has a 12-month low of $13.35 and a 12-month high of $17.94. The firm has a 50-day moving average price of $17.39 and a 200-day moving average price of $17.30.

About Lazard Global Total Return and Income Fund

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.