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Lazard Global Total Return and Income Fund Declares Monthly Distribution and Issues Estimated Sources of the Distribution Announced in February

1. LGI confirms a monthly distribution of $0.14646 per share. 2. Distribution payable on April 22, 2025, could attract dividend-seeking investors.

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FAQ

Why Bullish?

Regular distributions often signal financial health; similar funds see price appreciation. Historical responses to favorable dividend announcements typically boost share value.

How important is it?

The distribution confirmation provides liquidity and could enhance investor interest, increasing share pricing. Dividend announcements can attract long-term holders seeking passive income.

Why Short Term?

Immediate effects are likely due to the upcoming ex-dividend date and payment schedule influencing investor behavior. Past announcements of distributions led to quick market reactions.

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Lazard Ltd. (LAZ)
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, pursuant to its Managed Distribution Policy, as previously authorized by its Board of Directors, a monthly distribution of $0.14646 per share on the Fund's outstanding common stock. The distribution is payable on April 22, 2025 to shareholders of record on April 10, 2025. The ex-dividend date is April 10, 2025. The Fund will pay a previously declared distribution today, March.

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