Looking at the universe of stocks we cover at Dividend Channel, on 10/9/13, Lazard World Dividend & Income Fund (LOR) will trade ex-dividend, for its monthly dividend of $0.0782, payable on 10/23/13. As a percentage of LOR's recent stock price of $13.25, this dividend works out to approximately 0.59%, so look for shares of Lazard World Dividend & Income Fund to trade 0.59% lower — all else being equal — when LOR shares open for trading on 10/9/13.
Below is a dividend history chart for LOR, showing historical dividends prior to the most recent $0.0782 declared by Lazard World Dividend & Income Fund:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LOR is likely to continue, and whether the current estimated yield of 7.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LOR shares, versus its 200 day moving average:Looking at the chart above, LOR's low point in its 52 week range is $11.40 per share, with $14.65 as the 52 week high point — that compares with a last trade of $13.25.
In Monday trading, Lazard World Dividend & Income Fund shares are currently down about 0.8% on the day.