Lazard Global Total Return and Income Fund Stock Dividends Overview

LGI pays dividends monthly. Last paid amount was $0.105 at Apr 22, 2024. As of today, dividend yield (TTM) is 7.70%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.70%
Frequency Monthly
1Y Growth 12.46%
Payout Ratio 0
Amount Per Share $0.105
Next Ex-Dividend Date May 10, 2024
Next Payment Date May 22, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from LGI the purchase should be done within the next 8 days.
Here's a simple guide on how to buy LGI stock.

LGI Dividend Payout History

To ensure a understanding of LGI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 10, 2024 May 10, 2024 May 22, 2024 $0.105 0.673%
2 Apr 10, 2024 Apr 10, 2024 Apr 22, 2024 $0.105 0.692%
3 Mar 11, 2024 Mar 11, 2024 Mar 22, 2024 $0.105 0.640%
4 Jan 22, 2024 Feb 12, 2024 Feb 22, 2024 $0.105 0.661%
5 Dec 22, 2023 Jan 10, 2024 Jan 22, 2024 $0.0934 0.618%
6 Nov 22, 2023 Dec 11, 2023 Dec 22, 2023 $0.0934 0.614%
7 Oct 24, 2023 Nov 09, 2023 Nov 22, 2023 $0.0930 0.639%
8 Sep 25, 2023 Oct 11, 2023 Oct 24, 2023 $0.0930 0.710%
9 Aug 22, 2023 Sep 11, 2023 Sep 22, 2023 $0.0930 0.670%
10 Jul 24, 2023 Aug 10, 2023 Aug 22, 2023 $0.0930 0.639%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (75.45%)

Growth potential

Decrease likely (29.84%)

LGI Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from LGI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LGI stock here.

Comparing LGI to Sector and Country

LGI pays a solid dividend yield of 7.70%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). LGI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%), which means that there are more attractive dividend stocks to consider.

LGI Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
SCM
Stellus Capital Investment Corporation 337.758M $0.133 11.91% 202.63%
LGI
Lazard Global Total Return and Income Fund 203.131M $0.105 7.70% 24.58%

FAQ

What factors can affect the amount of LGI's dividend payments?
The amount of LGI's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in LGI sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from LGI stock be automatically reinvested?
If LGI offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy LGI stock.

How often does LGI pay dividend?
Lazard Global Total Return and Income Fund (LGI) pays dividends monthly. The most recent payout was on Apr 22, 2024. The upcoming dividend Ex Date is May 10, 2024, with an amount of $0.105.

How much does LGI pays per share?
The last recorder (Apr 10, 2024) dividend per share was $0.105.

What is LGI dividend growth rate?
Over the last year, Lazard Global Total Return and Income Fund has witnessed growth rate of 12.46% . Looking back over the past 3 years, this growth rate has been -3.11%. Furthermore, examining the past 5 years, Lazard Global Total Return and Income Fund has maintained an average Dividends Per Share Growth Rate of 3.28%.
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About Lazard Global Total Return and Income Fund

Lazard Global Total Return and Income Fund, Inc. is a closed ended balanced mutual fund launched and managed by Lazard Asset Management LLC. It invests in public equity and fixed income markets across the globe. The fund primarily invests in stocks of companies with market capitalization over $5 billion. It makes its fixed income investments in short duration market forward currency contracts and other market debt instruments. The fund typically ... LGI Profile

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