Lazard Global Total Return and Income Fund (LGI) Declares Monthly Dividend

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2 days ago
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  • Discover the details of Lazard Global Total Return and Income Fund Inc.'s latest dividend announcement.
  • Find out key dates investors need to know regarding dividends from LGI.
  • Understand how consistent dividends can impact your investment strategy.

Consistent Dividend from Lazard Global Total Return and Income Fund Inc. (LGI, Financial)

Lazard Global Total Return and Income Fund Inc. (LGI) has reaffirmed its commitment to shareholders by declaring a steady monthly dividend of $0.1465 per share. This reliable payout showcases the fund's dedication to providing value-packed returns to its investors.

Key Dates for LGI Shareholders

Investors should note the pivotal dates associated with this dividend distribution. The payment is scheduled for May 22, with shareholders needing to be on record by May 12. Crucially, the ex-dividend date is also slated for May 12, marking the deadline for securing eligibility for this month's dividend.

Investment Strategy Implications

For those considering an investment in Lazard Global Total Return and Income Fund Inc., the fund's consistent dividend policy could be a significant factor in decision-making. Regular dividends not only offer a steady income stream but also potentially enhance long-term total returns, making LGI an attractive option for dividend-focused portfolios.

As always, investors are encouraged to integrate these insights with their personal financial goals and market conditions. With its consistent payout, LGI provides both current holders and potential investors a clear picture of its income-generating capabilities.

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Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.