Lazard Declares Quarterly Dividend of $0.50 Per Share

Rhea-AI Summary

Lazard Ltd (NYSE: LAZ) declares quarterly dividend of $0.50 per share on its outstanding common stock.

Positive

• Lazard Ltd declares a quarterly dividend of $0.50 per share on its outstanding common stock.

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 November 17, 2023, to stockholders of record on November 6, 2023.

About Lazard

Lazard, one of the world's preeminent financial advisory and asset management firms, operates 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 liability management, 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/20231025061846/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 declared by Lazard Ltd?

Lazard Ltd has declared a quarterly dividend of $0.50 per share on its outstanding common stock.

When will the dividend be payable?

The dividend will be payable on November 17, 2023.

Who are eligible to receive the dividend?

Stockholders of record on November 6, 2023 are eligible to receive the dividend.