NYQ · Dividend

Lazard, Inc. (LAZ) Dividend

$37.21 NYQ: LAZ Market Cap $3.63B

Metric	Value
Dividend Yield	5.45%
Indicated Annual Dividend	$2.03
Payout Ratio	87.47%
FCF Yield	19.48%
Current Price	$37.21

Dividend Analysis

Lazard, Inc. (LAZ) currently pays a dividend yielding 5.45%, an indicated annual rate of roughly $2.03 per share. The payout ratio is 87.47%, meaning most reported earnings were paid out as dividends and a smaller share was retained. Free cash flow yield is 19.48%. FCF yield compares the cash a company generates with its market value and can be read alongside the earnings-based payout ratio.

Lazard, Inc. pays quarterly; the payout ratio of 87.5% leaves 13% of earnings retained in the business; free cash flow yield of 19.48% covers the 5.45% dividend yield.

Payment schedule

Measure	Value
Indicated annual dividendYield times the current share price.	$2.03
Dividend yieldAnnual dividend as a percentage of the share price.	5.45%
Payments per yearThis stock pays quarterly.	4
Amount per paymentIndicated annual dividend divided by the number of payments.	$0.51

Dividend income by amount invested

At today's price and the current indicated dividend. Shares are not rounded to whole numbers, and a future dividend is never guaranteed.

Invested	Shares	Income per year	Per payment
$1,000	26.9	$54.50	$13.63
$5,000	134.4	$272.50	$68.13
$10,000	268.7	$545.00	$136.25
$25,000	671.9	$1362.50	$340.63
$50,000	1343.7	$2725.00	$681.25

Yield across the 52-week range

Yield moves opposite the share price. Holding the current dividend constant, this is what the yield would have been at each end of the last year's range.

Share price	Price	Yield
At the 52-week high	$58.75	3.45%
Today	$37.21	5.45%
At the 52-week low	$34.21	5.93%

Dividend yield against peers

Lazard, Inc. has the highest dividend yield of the 6 companies compared here.

Company	Yield	P/E	Price
Lazard, Inc. (LAZ)	5.45%	16.05	$37.21
Moelis & Company (MC)	4.62%	18.59	$54.53
Atlantic Union Bankshares Corporation (AUB)	3.81%	11.59	$39.89
First Financial Bankshares, Inc. (FFIN)	2.74%	17.10	$30.17
Nelnet, Inc. (NNI)	1.07%	14.87	$122.59
BGC Group, Inc. (BGC)	0.66%	29.28	$11.79