Lazard Declares Quarterly Dividend of $0.50 Per Share

Rhea-AI Summary

Lazard (NYSE: LAZ) declares a quarterly dividend of $0.50 per share, payable on May 17, 2024, to stockholders of record on May 6, 2024.

Positive

• Lazard declares a dividend of $0.50 per share, demonstrating the company's commitment to returning value to shareholders.
• The quarterly dividend of $0.50 per share is a positive sign of financial stability and confidence in Lazard's performance.
• Stockholders of record on May 6, 2024, will receive the dividend payment on May 17, 2024.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Lazard, Inc. (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 17, 2024, to stockholders of record on May 6, 2024.

About Lazard

Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.

LAZ-CPE

View source version on businesswire.com: https://www.businesswire.com/news/home/20240424208421/en/

Media Relations

Shannon Houston, +1 212-632-6880

shannon.houston@lazard.com



Jessica Francisco, +1 212-632-6571

jessica.francisco@lazard.com



Investor Relations

Alexandra Deignan, +1 212-632-6886

alexandra.deignan@lazard.com

Source: Lazard, Inc.

FAQ

What dividend amount did Lazard declare per share?

Lazard declared a quarterly dividend of $0.50 per share.

When will the dividend be payable?

The dividend will be payable on May 17, 2024.

Who will receive the dividend payment?

Stockholders of record on May 6, 2024, will receive the dividend payment.

What is the ticker symbol for Lazard?

The ticker symbol for Lazard is LAZ.