Lazard Declares Quarterly Dividend of $0.50 Per Share

Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) announced a quarterly dividend of $0.50 per share on its common stock. This dividend will be payable on February 24, 2023, to stockholders of record as of February 13, 2023. With a history of financial advisory and asset management, Lazard operates in 43 cities across 26 countries. The firm, now celebrating its 175th year, offers services including advice on mergers and acquisitions, capital markets, and restructuring solutions.

Positive

• Quarterly dividend of $0.50 per share declared.
• Dividend payout scheduled for February 24, 2023, enhancing shareholder returns.
• Established firm with 175 years of experience in financial advisory.

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 $0.50 per share on its outstanding common stock. The dividend is payable on February 24, 2023, to stockholders of record on February 13, 2023.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 43 cities across 26 countries in North and South America, Europe, Asia and Australia. Celebrating its 175^th year, the firm provides advice on mergers and acquisitions, capital markets and other strategic matters, restructuring and capital solutions, and 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/20230201005985/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 for Lazard Ltd (LAZ) announced in February 2023?

Lazard Ltd declared a quarterly dividend of $0.50 per share.

When is the payment date for Lazard Ltd's dividend?

The dividend is payable on February 24, 2023.

Who are the stockholders of record for Lazard Ltd's dividend?

The stockholders of record are those on February 13, 2023.

What services does Lazard Ltd provide?

Lazard provides financial advisory and asset management services.

How many years has Lazard been in operation?

Lazard has been in operation for 175 years.