Lazard World Dividend & Income Fund Inc. (NYSE:LOR) reported that the Board of Directors has authorized the Fund to declare, pursuant to a level distribution policy, a monthly distribution of $0.07530 per share on the Fund's outstanding common stock. The distribution is payable on October 24, 2011 to shareholders of record on October 13, 2011. The ex-dividend date is October 11, 2011.

Lazard World Dividend & Income Fund Inc. is a close ended equity mutual fund launched and managed by Lazard Asset Management LLC. The fund invests in the public equity markets across the globe.

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