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Lazard Declares Quarterly Dividend of $0.50 Per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Lazard Ltd (NYSE: LAZ) has declared a quarterly dividend of $0.50 per share, set to be paid on May 19, 2023. This payment will be to stockholders of record as of May 8, 2023. The decision reflects the company's commitment to returning value to shareholders amidst its extensive global operations.
Lazard operates in 43 cities across 26 countries, providing services in financial advisory and asset management, including mergers and acquisitions advice, capital market services, and restructuring solutions.
Positive
Quarterly dividend of $0.50 per share indicates strong financial health and commitment to returning value to shareholders.
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 May 19, 2023, to stockholders of record on May 8, 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 175th 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.
What is the dividend amount for Lazard Ltd in May 2023?
Lazard Ltd has declared a quarterly dividend of $0.50 per share.
When will the dividend for Lazard Ltd be paid?
The dividend will be paid on May 19, 2023.
When is the record date for Lazard Ltd's dividend?
The record date for the dividend is May 8, 2023.
How often does Lazard Ltd issue dividends?
Lazard Ltd typically issues dividends quarterly.
Is the dividend from Lazard Ltd sustainable?
The sustainability of the dividend can be inferred from the company's ongoing financial performance, but specific details on sustainability were not provided in the press release.