Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in November
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2024
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Source: Newsfilter
Monthly Distribution Announcement: Lazard Global Total Return and Income Fund, Inc. has confirmed a monthly distribution of $0.14941 per share, payable on January 22, 2025, to shareholders of record on January 10, 2025, with the ex-dividend date also set for January 10, 2025.
Fund Performance Overview: The Fund's investment objective is total return through capital appreciation and current income, with a portfolio primarily consisting of US and non-US equity securities, and it has reported an average annual total return of 9.21% over the past five years as of November 30, 2024.
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Analyst Views on LAZ
Wall Street analysts forecast LAZ stock price to rise
4 Analyst Rating
1 Buy
1 Hold
2 Sell
Hold
Current: 51.990
Low
46.00
Averages
54.50
High
59.00
Current: 51.990
Low
46.00
Averages
54.50
High
59.00
About LAZ
Lazard, Inc. is a financial advisory and asset management company, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Its segments include Financial Advisory and Asset Management. Financial Advisory segment offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a range of advisory services including mergers and acquisitions advisory, capital markets advisory, shareholder advisory, sovereign advisory, geopolitical advisory, restructuring and liability management, capital raising and placement, and other strategic matters. Asset Management segment offers a range of global investment solutions and investment and wealth management services in equity and fixed income strategies, asset allocation strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private wealth clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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