friday marks the last chance for investors to receive the next dividend payout from lazard glb total return lgi the company announced on thursday that it would pay shareholders a monthly dividend of 1247 cents per share on monday lazard glb total return will go exdividend meaning the stock will trade lower to reflect that payout in other words the stock will likely open 1247 cents lower than it would have opened on any other day in order to be eligible to receive a companys dividend shareholders must own the stock prior to the exdividend date—in this case monday shareholders who own lgi as of the end of fridays session are eligible to receive the 1247 cents dividend payout for every share that they own according to the company this dividend will be paid out to shareholders on january 23 2023 investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way to stay uptodate with the companies that are announcing their dividends click here to visit our dividends calendar