Lazard Declares Special Dividend and Quarterly Dividend
Get Alerts LAZ Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.2%
Revenue Growth %: -1.3%
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NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a special dividend of $1.20 per share, up from the $1.00 special dividend paid in 2015, as well as a quarterly dividend of $0.35 per share on its outstanding Class A common stock. The dividends are payable on February 26, 2016, to stockholders of record on February 11, 2016.
About Lazard
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 43 cities across 27 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.
LAZ-CPE
View source version on businesswire.com: http://www.businesswire.com/news/home/20160201006298/en/
Lazard Ltd
Media:
Judi Frost Mackey, +1-212-632-1428
[email protected]
or
Investors:
Armand
Sadoughi, +1-212-632-6358
[email protected]
Source: Lazard Ltd
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