Lazard Declares Quarterly Dividend of $0.47 Per Share

Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) has declared a quarterly dividend of $0.47 per share, payable on May 20, 2022, to stockholders of record on May 9, 2022. This announcement underscores the company's commitment to returning value to its shareholders. Operating from 40 cities across 25 countries, Lazard is a leading financial advisory and asset management firm, established in 1848, providing a range of services including mergers and acquisitions advice, restructuring, and capital raising.

Positive

• Declared quarterly dividend of $0.47 per share, indicating strong financial health.
• Dividend payment date demonstrates commitment to shareholder returns.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.47 per share on its outstanding common stock. The dividend is payable on May 20, 2022, to stockholders of record on May 9, 2022.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 40 cities across 25 countries in North and South America, Europe, Asia and Australia. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220427006034/en/

Media contact:

Judi Frost Mackey, +1 212 632 1428

judi.mackey@lazard.com

Investor contact:

Alexandra Deignan, +1 212 632 6886

alexandra.deignan@lazard.com

Source: Lazard Ltd

FAQ

What is the dividend amount declared by Lazard Ltd for May 2022?

Lazard Ltd has declared a dividend of $0.47 per share.

When will the dividend be paid to shareholders of Lazard Ltd?

The dividend will be paid on May 20, 2022.

Who is eligible to receive the dividend from Lazard Ltd?

Stockholders of record on May 9, 2022, will receive the dividend.

How often does Lazard Ltd declare dividends?

Lazard Ltd typically declares dividends quarterly.