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 monthly dividend on Thursday, January 22nd. Investors of record on Tuesday, February 10th will be paid a dividend of 0.1534 per share on Monday, February 23rd. This represents a c) annualized dividend and a yield of 10.1%. The ex-dividend date is Tuesday, February 10th. This is a 3.9% increase from Lazard Global Total Return and Income Fund’s previous monthly dividend of $0.15.

Lazard Global Total Return and Income Fund Trading Up 0.4%

Shares of NYSE LGI opened at $18.22 on Friday. Lazard Global Total Return and Income Fund has a one year low of $13.35 and a one year high of $18.23. The firm’s 50 day simple moving average is $17.50 and its two-hundred day simple moving average is $17.38.

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.