Lazard Glb Total Return's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Lazard Glb Total Return (NYSE:LGI) will go ex-dividend on Monday, with shareholders as of Friday's close eligible for a dividend payout of 9.34 cents per share. The stock is expected to open 9.34 cents lower on Monday to reflect the dividend payment, which will be distributed on December 22, 2023.
December 06, 2023 | 2:45 pm
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Lazard Glb Total Return (LGI) will pay a monthly dividend of 9.34 cents per share, and the stock will likely open lower by that amount on the ex-dividend date, Monday.
The stock price of LGI is expected to decrease in the short term by the amount of the dividend, as the ex-dividend date typically reflects the payout in the stock's price. This is a common occurrence and is usually priced in by the market.
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