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

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) announced a monthly dividend on Wednesday, April 22nd. Shareholders of record on Monday, May 11th will be paid a dividend of 0.1534 per share on Friday, May 22nd. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date is Monday, May 11th.

Lazard Global Total Return and Income Fund Stock Performance

Shares of LGI opened at $17.40 on Friday. The business has a 50-day simple moving average of $17.71 and a two-hundred day simple moving average of $17.67. Lazard Global Total Return and Income Fund has a 52 week low of $14.60 and a 52 week high of $19.88.

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.