Lazard Global Total Return and Income Fund, Inc. (LGI) To Go Ex-Dividend on October 13th

Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI) announced a monthly dividend on Tuesday, September 22nd. Investors of record on Tuesday, October 13th will be paid a dividend of 0.1534 per share on Thursday, October 22nd. This represents a c) annualized dividend and a yield of 10.6%. The ex-dividend date is Tuesday, October 13th.

Lazard Global Total Return and Income Fund Price Performance

NYSE:LGI opened at $17.29 on Thursday. Lazard Global Total Return and Income Fund has a fifty-two week low of $15.32 and a fifty-two week high of $19.88. The company has a 50 day simple moving average of $18.12 and a two-hundred day simple moving average of $17.84.

Hedge Funds Weigh In On Lazard Global Total Return and Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of LGI. Royal Bank of Canada lifted its stake in shares of Lazard Global Total Return and Income Fund by 1.5% in the 1st quarter. Royal Bank of Canada now owns 112,008 shares of the company’s stock valued at $1,802,000 after purchasing an additional 1,696 shares during the period. Bank of America Corp DE grew its stake in Lazard Global Total Return and Income Fund by 2.3% during the first quarter. Bank of America Corp DE now owns 31,799 shares of the company’s stock worth $512,000 after purchasing an additional 726 shares during the period. CoreCap Advisors LLC increased its holdings in Lazard Global Total Return and Income Fund by 3.9% in the second quarter. CoreCap Advisors LLC now owns 15,815 shares of the company’s stock worth $292,000 after purchasing an additional 600 shares in the last quarter. Cary Street Partners Financial LLC bought a new stake in Lazard Global Total Return and Income Fund in the fourth quarter worth approximately $203,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Lazard Global Total Return and Income Fund in the second quarter valued at approximately $115,000.

About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc is a non-diversified, closed-end investment company listed on the New York Stock Exchange under the symbol LGI. The fund seeks to provide investors with a high level of total return through a combination of current income and capital appreciation.

LGI invests globally across equity and fixed-income securities, giving the portfolio exposure to companies, governments and other issuers in the United States and international markets. Its investments may include common stocks, preferred stocks, convertible securities and debt instruments.