Lazard Global Total Return and Income Fund (LGI) has announced its upcoming dividend, with the ex-dividend date set for Aug 11, 2025. The dividend will be distributed on Aug 22, 2025, at a rate of $0.146 per share, which is higher than the average of the last ten dividends, which stood at $0.113 per share. The dividend type is cash dividend. The most recent dividend prior to this was also distributed at $0.146 per share on Jul 22, 2025, with the same cash dividend type.
Recently, Lazard Global Total Return and Income Fund stock has experienced fluctuations in its price, reaching a high of $17.07 and a low of $17.02 as of Aug 6, 2025. This volatility may impact investor sentiment as the dividend date approaches. In related company news,
reported a notable decline in first-quarter 2025 revenue, down 10.1% year-over-year to $351.4 million, attributed to a shift in geographic sales mix and increased wholesale activity. Over the past week, Lazard Global Total Return and Income Fund continues to be monitored closely, with analysts indicating shifts in stock performance and insider activities that may influence market dynamics. Furthermore, LGI Homes demonstrated resilience in Q2 2025, reporting $483.5 million in revenue driven by 1,323 home closings at an average price of $365,000, showcasing stability amidst prevailing high interest rates.
In conclusion, Lazard Global Total Return and Income Fund's upcoming dividend represents an attractive opportunity for investors. The ex-dividend date on Aug 11, 2025, is the last day for investors to purchase shares to qualify for this dividend. Any acquisitions made post-ex-dividend date will not be eligible for the dividend distribution this time around.
Comments
No comments yet