Dividend Growth of Lazard Ltd.(LAZ)

Lazard Ltd.(LAZ) is having a Dividend Yield of 3.46% with the Annual cash Dividend per share of $1.49. The last quarter cash dividend per share pay out was $0.38. Lazard Ltd. has a 5 year average dividend yield of 2.9% and the stock has a Indicated annual dividend of $1.52. Lazard Ltd.(LAZ) formally announced its most recent dividend on February 2, 2017 with a Dividend per share of $1.58. The new indicated annual dividend based on announced dividend per share is $1.52. The dividend yield based on the forward looking indicated annual dividend is 3.46%. Lazard Ltd.(LAZ) has the most recent dividend payout ratio of 0.49 with a 5-year average payout ratio of 0.51. The Ex-Dividend amount last paid was $1.58 on February 9, 2017. The 5 year historical dividend growth of Lazard Ltd.(LAZ) is at the rate of 18.59% while the R-Squared dividend growth is 0.92. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Lazard Ltd. (NYSE:LAZ) witnessed a decline in the market cap on Thursday as its shares dropped 0.77% or 0.34 points. After the session commenced at $43.75, the stock reached the higher end at $44.05 while it hit a low of $43.42. With the volume soaring to 646,127 shares, the last trade was called at $43.59. The company has a 52-week high of $44.35. The company has a market cap of $5,372 million and there are 123,247,246 shares in outstanding. The 52-week low of the share price is $26.21. Shares of Lazard Ltd rose by 1.42% in the last five trading days and 9.27% for the last 4 weeks. Lazard Ltd is up 13.15% in the last 3-month period. Year-to-Date the stock performance stands at 10.07%.

Currently the company Insiders own 2.2% of Lazard Ltd. shares according to the proxy statements. Institutional Investors own 70.45% of Lazard Ltd. shares. Company has reported several Insider transactions to the SEC, on Aug 11, 2016, Scott D Hoffman (General Counsel) sold 42,000 shares at 34.92 per share price.On Aug 4, 2016, Jane L Mendillo (director) purchased 1,400 shares at 35.22 per share price.On Mar 4, 2015, Alexander F. Stern (Chief Operating Officer) sold 63,000 shares at 50.80 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by UBS on Feb 3, 2017 to Buy, Raises Price Target to $ 48 from a previous price target of $44 .Lazard Ltd was Downgraded by Raymond James to Outperform on Jan 20, 2017. Lazard Ltd was Downgraded by Nomura to Neutral on Jan 5, 2017. Lazard Ltd was Initiated by BofA/Merrill to Underperform on Dec 14, 2016. Lazard Ltd was Resumed by Credit Suisse to Outperform on Nov 21, 2016.

Lazard Ltd Last issued its quarterly earnings results on Feb 2, 2017. The company reported $1.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.14. Analyst had a consensus of $0.99. The company had revenue of $685.00 million for the quarter, compared to analysts expectations of $692.19 million. The companys revenue was up 14.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 EPS.

Lazard is a preeminent international financial advisory and asset management firm that has long specialized in crafting solutions to the complex financial and strategic challenges of their clients. They serve a diverse set of clients around the world, including corporations, partnerships, institutions, governments and high-net-worth individuals.


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