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 on its common stock. This dividend is set to be paid on March 2, 2021, to stockholders recorded as of February 19, 2021. This decision reflects the company’s ongoing commitment to returning value to shareholders while maintaining a strong financial position.

Positive

• Declaration of a quarterly dividend of $0.47 per share, providing income for shareholders.
• Payment date of March 2, 2021, indicating timely returns on investment.

Negative

• None.

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 March 2, 2021, to stockholders of record on February 19, 2021.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities and 25 countries in North America, Europe, Asia, Australia, Central and South America. 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.

LAZ-CPE

View source version on businesswire.com: https://www.businesswire.com/news/home/20210204006095/en/

FAQ

What is the dividend amount declared by Lazard (LAZ)?

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

When will Lazard's dividend be paid?

The dividend will be paid on March 2, 2021.

What is the record date for Lazard's dividend?

The record date for the dividend is February 19, 2021.

How often does Lazard pay dividends?

Lazard typically pays dividends quarterly.