Trailing Dividend / Share
$1.75
Lazard Ltd (LAZ) Dividend History
Income profile from 2005 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.5%
Payout Ratio
64.0%
Watch
Dividend Streak
0 years
3-Second Income Check
Safety
64.0% payout ratio with watch safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 4.8% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield3.5%
Trailing DPS$1.75
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout64.0%
Earnings SafetyWatch
FCF Payout38.3%
FCF SafetyWell Covered
Piotroski F-Score8/9
Growth
Growth Streak0 years
3Y CAGR1.0%
5Y CAGR1.2%
Yield on Cost (5Y)4.8%
YOC Trendrising
Total Returns
Buyback Yield1.3%
Total Shareholder Yield4.7%
1Y Total Return4.9%
5Y Total Return49.2%
Div Contribution (5Y)24.3%
Estimated $10K growth (return + dividends):
5Y ago$14,91910Y ago$20,37820Y ago$21,189
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (22 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Lazard Ltd distributes 64.0% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 38.3%, rated "Well Covered".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
LAZ does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 1.0% and 5-year CAGR of 1.2%.
Total Shareholder Returns
Beyond cash dividends, LAZ returns capital through share repurchases. The combined picture: 3.5% dividend yield, 1.3% buyback yield, 4.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.8% and is currently rising. The 5-year total return is 49.2%, with dividends contributing 24.3% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $20,378 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$9.85
Avg/Payment$0.4925
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 9, 2026Latest | $0.5000 | — | 3.51% | Feb 20, 2026 |
| Nov 3, 2025 | $0.5000 | — | 4.14% | Nov 14, 2025 |
| Aug 4, 2025 | $0.5000 | — | 3.91% | Aug 15, 2025 |
| May 5, 2025 | $0.5000 | — | 4.94% | May 16, 2025 |
| Feb 10, 2025 | $0.5000 | — | 3.83% | Feb 21, 2025 |
| Nov 8, 2024 | $0.5000 | — | 3.42% | Nov 15, 2024 |
| Aug 5, 2024 | $0.5000 | — | 4.69% | Aug 16, 2024 |
| May 3, 2024 | $0.5000 | — | 5.12% | May 17, 2024 |
Dividend Peer Comparison
Peer group: Investment Banking and M&A Advisory
#2 yield in peer group
Div Yield
3.5%
#2 of 9
Safety
Watch
64.0% payout
Streak
0Y
1.2% 5Y CAGR
Total Shareholder
4.7%
#2 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd LAZLazard Ltd | $4.8B | 3.5% | 64.0% | 0 | Watch |
GSThe Goldman Sachs Gr… | $267.0B | 1.6% | 31.5% | 12 | Sustainable |
MSMorgan Stanley | $264.9B | 2.3% | 45.8% | 11 | Sustainable |
EVREvercore Inc. | $26.9B | 1.1% | 35.9% | 18 | Sustainable |
3rd NMRNomura Holdings, Inc… | $26.6B | 2.6% | 33.0% | 2 | Sustainable |
1st JEFJefferies Financial … | $9.2B | 3.8% | — | 8 | Unknown |
PIPRPiper Sandler Compan… | $4.9B | 1.4% | 40.7% | 0 | Sustainable |
MCMoelis & Company | $4.4B | 0.1% | 2.3% | 0 | Sustainable |
HLIHoulihan Lokey, Inc. | $2.5B | 1.5% | 41.3% | 7 | Sustainable |
Annual Dividend History
23 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.50 | — | 1 | — | — | — | 1.2% |
| 2025 | $2.00 | 0.0% | 4 | — | — | — | 4.8% |
| 2024 | $2.00 | 0.0% | 4 | $2.68 | 74.6% | 1.34x | 4.8% |
| 2023 | $2.00 | 3.1% | 4 | $-0.90 | — | — | 4.8% |
| 2022 | $1.94 | 3.2% | 4 | $3.51 | 55.3% | 1.81x | 4.7% |
| 2021 | $1.88 | 0.0% | 4 | $4.63 | 40.6% | 2.46x | 4.5% |
| 2020 | $1.88 | -1.6% | 4 | $3.54 | 53.1% | 1.88x | 4.5% |
| 2019 | $1.91 | -37.0% | 4 | $2.44 | 78.3% | 1.28x | 4.6% |
| 2018 | $3.03 | 7.8% | 4 | $4.06 | 74.6% | 1.34x | 7.3% |
| 2017 | $2.81 | 4.5% | 4 | $1.91 | 147.1% | 0.68x | 6.7% |
See LAZ's True Return
Price is only half the story. See total return with reinvested dividends.
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See how LAZ stacks up against sector leader JPMorgan Chase & Co..
Start ComparisonFrequently Asked Questions
How much dividend does LAZ pay per share?
Lazard Ltd (LAZ) pays a trailing 12-month dividend of $1.75 per share, with a current dividend yield of +3.5%. Payments are made Annual.
When is LAZ's next ex-dividend date?
LAZ's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. LAZ typically pays dividends Annual.
Is LAZ's dividend safe?
LAZ's dividend safety is rated "Watch" based on an earnings payout ratio of +64.0% and FCF payout ratio of +38.3%. The dividend history does not yet show a prolonged growth streak.
How many years has LAZ increased its dividend?
LAZ has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +1.2%.
How often does LAZ pay dividends?
Lazard Ltd pays dividends Annual. The trailing 12-month total is $1.75 per share. Dividend data on this page covers 21+ years from 2005 to 2026.
How much would $10,000 invested in LAZ grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in LAZ five years ago would be worth approximately $14,919 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is LAZ's yield on cost for long-term holders?
LAZ's yield on cost — the current dividend divided by the original purchase price — is +4.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.5% market yield, thanks to consistent dividend growth.