Lazard Glb Total Return's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Lazard Glb Total Return (NYSE:LGI) announced a monthly dividend of 9.34 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, which will be paid on January 22, 2024. The stock is expected to open 9.34 cents lower on the ex-dividend date.
January 05, 2024 | 2:45 pm
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Lazard Glb Total Return (LGI) will pay a 9.34 cents/share dividend. Stock to trade lower on ex-dividend date reflecting the payout.
The stock price of LGI is likely to decrease by the amount of the dividend on the ex-dividend date, as the value of the dividend is no longer included in the stock price. This is a common occurrence and is typically priced in by the market.
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