Lazard Ltd. (LAZ) Ex-Dividend Date Scheduled for October 31, 2013
Lazard Ltd. ( LAZ ) will begin trading ex-dividend on October 31, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid on November 22, 2013. Shareholders who purchased LAZ stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LAZ has paid the same dividend. At the current stock price of $39.18, the dividend yield is 2.55%.
The previous trading day's last sale of LAZ was $39.18, representing a -4.37% decrease from the 52 week high of $40.97 and a 49.83% increase over the 52 week low of $26.15.
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 $.76. Zacks Investment Research reports LAZ's forecasted earnings growth in 2013 as 19.06%, compared to an industry average of 10.3%.
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 10.06% over the last 100 days. It also has the highest percent weighting of LAZ at 2.99%.