Lazard (Lazard) Dividend Payout Ratio

: 0.76 (As of Dec. 2023)

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Lazard's dividend payout ratio for the months ended in Dec. 2023 was 0.76.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Lazard Inc is 2.89, which seems too high.

The historical rank and industry rank for Lazard's Dividend Payout Ratio or its related term are showing as below:

LAZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.5 Max: 2.89
Current: 2.89

During the past 13 years, the highest Dividend Payout Ratio of Lazard was 2.89. The lowest was 0.18. And the median was 0.50.

LAZ's Dividend Payout Ratio is ranked worse than
97.04% of 304 companies
in the Capital Markets industry
Industry Median: 0.405 vs LAZ: 2.89

As of today (2024-04-19), the Dividend Yield % of Lazard is 5.28%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lazard was 8.34%. The lowest was 2.00%. And the median was 4.04%.

Lazard's Dividends per Share for the months ended in Dec. 2023 was $0.50.

During the past 12 months, Lazard's average Dividends Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lazard was 41.20% per year. The lowest was 1.60% per year. And the median was 10.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Lazard Dividend Payout Ratio Historical Data

The historical data trend for Lazard's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lazard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.72

0.53

0.41

0.55

2.60

Lazard Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.73	-	2.08	8.20	0.76

Competitive Comparison

For the Capital Markets subindustry, Lazard's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lazard Dividend Payout Ratio Distribution

For the Capital Markets industry and Financial Services sector, Lazard's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lazard's Dividend Payout Ratio falls into.

Lazard Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Lazard's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2	/	0.77
	=	2.60

Lazard's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.5	/	0.66
	=	0.76

Lazard (NYSE:LAZ) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Lazard Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Lazard's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Lazard (Lazard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lazard Inc (NYSE:LAZ) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.lazard.com

Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.

Executives

Michael Gathy	officer: Chief Accounting Officer	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Christian A. Weideman	officer: General Counsel	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Alexander F. Stern	officer: Chief Operating Officer	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Mary Ann Betsch	officer: Chief Financial Officer	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Lewis William M Jr	director	9 WEST 57TH STREET, NEW YORK NY 10019
Scott D Hoffman	officer: General Counsel	C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Dominick Ragone	officer: Chief Accounting Officer	767 5TH AVENUE, SUITE 4700, NEW YORK NY 10153
Ann-kristin Achleitner	director	THE PRIESTLEY CENTRE, 10 PRIESTLEY RD, SURREY RESEARCH PARK, GUILDFORD, SURREY X0 GU2 7XY
Ashish Bhutani	director, officer: CEO of Lazard Asset Management
Peter Richard Orszag	officer: CEO of Financial Advisory	30 ROCKEFELLER PLAZA, LAZARD, NEW YORK NY 10112
Alexandra Soto	officer: Exec Human Capital & Workplace	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Iris Knobloch	director	ONE TIME WARNER CENTER, NEW YORK NY 10019
Evan L Russo	officer: Chief Financial Officer	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Michelle Jarrard	director	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Sylvia Jay	director	30 ROCKEFELLER PLAZA, NEW YORK NY 10020