Lazard Global Total Return & Income Fund (NYSE:LGI) declared a monthly dividend on Thursday, May 16th, Wall Street Journal reports. Stockholders of record on Wednesday, June 12th will be given a dividend of 0.0888 per share on Monday, June 24th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date is Tuesday, June 11th.
Lazard Global Total Return & Income Fund has raised its dividend payment by an average of 38.4% annually over the last three years.
Lazard Global Total Return & Income Fund stock opened at $15.70 on Monday. Lazard Global Total Return & Income Fund has a 52 week low of $12.40 and a 52 week high of $18.82.
A hedge fund recently bought a new stake in Lazard Global Total Return & Income Fund stock. Geode Capital Management LLC acquired a new position in Lazard Global Total Return & Income Fund (NYSE:LGI) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 20,085 shares of the company’s stock, valued at approximately $273,000.
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About Lazard Global Total Return & 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.
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