Lazard World Dividend & Income Fund, Inc (LOR) to Issue $0.06 Monthly Dividend
Lazard World Dividend & Income Fund, Inc (NYSE:LOR) declared a monthly dividend on Monday, March 20th. Stockholders of record on Wednesday, April 12th will be paid a dividend of 0.0605 per share on Monday, April 24th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 6.75%. The ex-dividend date of this dividend is Monday, April 10th.
Shares of Lazard World Dividend & Income Fund (NYSE:LOR) traded up 3.07% on Monday, hitting $10.75. 92,387 shares of the stock were exchanged. Lazard World Dividend & Income Fund has a 12 month low of $8.54 and a 12 month high of $10.84. The company has a 50-day moving average price of $10.30 and a 200 day moving average price of $9.97.
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Lazard World Dividend & Income Fund Company Profile
Lazard World Dividend & Income Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of dividends, income and capital appreciation. The Fund’s net assets are invested in a portfolio of 60 to 90 world equity securities, consisting primarily of stocks selected from the holdings of other accounts managed by Lazard Asset Management LLC.
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