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 outstanding common stock. This dividend is scheduled for payment on February 25, 2022, to stockholders of record as of February 14, 2022. Lazard, a leading financial advisory and asset management firm, operates globally and has a long-standing history dating back to 1848. The firm provides a wide range of financial services including mergers and acquisitions advice, strategic restructuring, and asset management.

Positive

• Quarterly dividend of $0.47 per share helps maintain investor income.
• Scheduled payment date reflects the company's 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 February 25, 2022, to stockholders of record on February 14, 2022.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 41 cities across 26 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.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220202005849/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 (LAZ)?

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

When is the dividend payable for Lazard (LAZ)?

The dividend is payable on February 25, 2022.

What is the record date for Lazard's dividend?

The record date for the dividend is February 14, 2022.

How often does Lazard declare dividends?

Lazard typically declares dividends quarterly.

Is Lazard's dividend sustainable?

The sustainability of Lazard's dividend can depend on its financial performance and cash flow.