Lazard Ltd. (LAZ) Ex-Dividend Date Scheduled for December 19, 2012


Lazard Ltd. ( LAZ ) has announced an ex-dividend date of December 19, 2012 and a cash dividend payment of $0.4 per share scheduled for December 27, 2012. Shareholders who purchased LAZ stock prior to the ex-dividend date are eligible for the cash dividend payment. At the current stock price of $29.86, the dividend yield is 16.08%.

The previous trading day's last sale of LAZ was $29.86, representing a -4.39% decrease from the 52 week high of $31.23 and a 35.48% increase over the 52 week low of $22.04.

LAZ is a part of the Finance sector, which includes companies such as Franklin Resources, Inc. ( BEN ) and AMERIPRISE FINANCIAL SERVICES, INC. ( AMP ). LAZ's current earnings per share, an indicator of a company's profitability, is $.66. Zacks Investment Research reports LAZ's forecasted earnings growth in 2012 as -17.83%, compared to an industry average of -.9%.

For more information on the declaration, record and payment dates, visit the LAZ Dividend History page.

Interested in gaining exposure to LAZ through an Exchange Traded Fund [ETF]?
The following ETF(s) have LAZ as a top-10 holding:

  • SPDR S&P Capital Markets ETF ( KCE ).

The top-performing ETF of this group is KCE with an increase of 8.75% over the last 100 days. It also has the highest percent weighting of LAZ at 2.98%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: News Headlines , Stocks

Referenced Stocks: AMP , BEN , KCE , LAZ

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