- Lazard (LAZ, Financial) declares a quarterly dividend of $0.50 per share.
- Dividend payable on May 16, 2025, to stockholders of record on May 5, 2025.
- Lazard provides financial advisory and asset management services globally.
Lazard, Inc. (LAZ) announced that its Board of Directors has approved a quarterly dividend of $0.50 per share on its common stock. This dividend will be distributed on May 16, 2025, to shareholders who are on record as of May 5, 2025. This decision reflects Lazard's consistent approach to returning value to its shareholders and maintaining a steady dividend policy.
Founded in 1848, Lazard is a leading financial advisory and asset management firm operating across various regions including North and South America, Europe, the Middle East, Asia, and Australia. The company offers a wide array of services such as advising on mergers and acquisitions, capital markets, and restructuring, along with asset management solutions for a diverse clientele.
Lazard's stock (LAZ, Financial) is experiencing robust institutional ownership at 72.83%, with a current market capitalization of $3.22 billion. Despite a relatively modest insider ownership of 2.79%, the company sustains significant interest from institutional investors, reinforcing its position in the investment advice sector.
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