Lazard Global Total Return and Income Fund, Inc. (NYSE:LGI – Get Free Report)’s share price passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $17.82 and traded as low as $17.06. Lazard Global Total Return and Income Fund shares last traded at $17.08, with a volume of 23,148 shares.
Lazard Global Total Return and Income Fund Trading Down 1.5%
The firm has a fifty day moving average price of $17.76 and a 200-day moving average price of $17.79.
Lazard Global Total Return and Income Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Tuesday, October 13th will be paid a $0.1534 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 11.1%. The ex-dividend date of this dividend is Tuesday, October 13th.
Institutional Trading of Lazard Global Total Return and Income Fund
Lazard Global Total Return and Income Fund Company Profile
Lazard Global Total Return and Income Fund (NYSE:LGI) is a diversified closed-end investment fund advised by Lazard Asset Management. Rather than operating as a traditional company, the fund invests in a global portfolio of securities with the objective of providing total return through a combination of current income and long-term capital appreciation.
The fund may invest across international markets and asset classes, including equity and fixed-income securities. Its portfolio can include securities issued by companies and governments in the United States and other countries, giving shareholders exposure to a range of geographies, industries and currencies.
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