LGI Ex-Dividend Reminder - 5/8/15

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/15, Lazard Global Total Return and Income Fund (LGI) will trade ex-dividend, for its monthly dividend of $0.0928, payable on 5/22/15. As a percentage of LGI's recent stock price of $16.43, this dividend works out to approximately 0.56%, so look for shares of Lazard Global Total Return and Income Fund to trade 0.56% lower — all else being equal — when LGI shares open for trading on 5/8/15.

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Below is a dividend history chart for LGI, showing historical dividends prior to the most recent $0.0928 declared by Lazard Global Total Return and Income Fund:

LGI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LGI is likely to continue, and whether the current estimated yield of 6.78% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of LGI shares, versus its 200 day moving average:

Lazard Global Total Return and Income Fund 200 Day Moving Average Chart

Looking at the chart above, LGI's low point in its 52 week range is $15.08 per share, with $18.82 as the 52 week high point — that compares with a last trade of $16.43.

In Wednesday trading, Lazard Global Total Return and Income Fund shares are currently up about 0.4% on the day.

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