Lazard Global Total Return and Income Fund Inc Announces Significant Dividend Hike

Monday, 22 July 2024, 20:37

Lazard Global Total Return and Income Fund Inc has announced a remarkable **42.5% increase** in its monthly dividend, raising it to **$0.1491 per share**. This decision highlights the fund's strong performance and commitment to delivering value to its shareholders. The elevated dividend payout aims to enhance investor confidence amidst fluctuating market conditions. Overall, this move is expected to positively influence the fund's appeal to current and potential investors.
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Lazard Global Total Return and Income Fund Inc Announces Significant Dividend Hike

Lazard Global Total Return and Income Fund Inc Raises Dividend

Lazard Global Total Return and Income Fund Inc has recently declared an increase in its monthly dividend to $0.1491 per share, reflecting a notable 42.5% hike.

Key Highlights

  • 42.5% increase in monthly dividend
  • New dividend payout stands at $0.1491/share
  • Strengthens investor confidence

Conclusion

This increase in dividend is a strategic move by Lazard to attract and retain investors in a competitive market environment. It signifies the fund’s robust performance and its management's commitment to shareholder returns.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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