SmarterDividends
LAZ

Lazard, Inc.

LAZ

Financial Services · Capital Markets · Stock · quarterly payer

$36.09

Undervalued · +18% Add to Portfolio

Forward Yield

5.54%

Annual Dividend

$2.00

Payout Ratio

98%

5-Yr Growth

1.2%

Ex-Date

Aug 3, 2026

Frequency

Quarterly

Key facts about LAZ's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Lazard, Inc. (LAZ) has a forward dividend yield of 5.54%, based on an annual dividend of $2.00 per share and a share price of $36.09.
  • As of Oct 18, 2026, LAZ's dividend safety grade from SmarterDividends is A (85 out of 100), which rates the dividend as very safe.
  • LAZ has never cut its regular dividend in the payment history SmarterDividends has on record.
  • LAZ's most recent ex-dividend date was Aug 3, 2026, for a dividend of $0.50 per share.
  • As of Oct 18, 2026, LAZ pays out 98% of its trailing 12-month earnings as dividends (its payout ratio).
  • LAZ's dividend has grown at an average rate of 1.2% a year over the past five years.
  • As of Oct 18, 2026, LAZ's 5.54% yield is 15% above its five-year average yield of 4.83%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for LAZ is $42.51 per share, 18% above the $36.09 share price, so LAZ screens as undervalued.
  • Lazard, Inc. (LAZ) pays its dividend quarterly, 4 times a year.
  • Lazard, Inc. (LAZ) has raised its regular dividend 13 times and cut it 0 times across the 86 payments on record since 2005. Its most recent change was a 6.4% increase to $0.500 per share, going ex-dividend on Aug 5, 2022.
Cite this page

SmarterDividends, "LAZ Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/LAZ

Summary

As of Oct 18, 2026, Lazard, Inc. (LAZ) yields 5.54% ($2.00 a year per share) and has a dividend safety grade of A (85/100).

Is LAZ a good dividend stock?

Yes

Lazard, Inc. (LAZ) pays a quarterly dividend yielding 5.54% ($2.00/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (98%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
5.54%
Payout Ratio
98%
Annual Dividend
$2.00
5-Yr Avg Growth
1.2%
Ex-Dividend Date
Aug 3, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.46
Market Cap
$3.6B
P/E Ratio
17.7
5-Yr Total Return
-15%
52-Week Range
$34.13 – $58.75
Dividend Safety
A · 85/100
Ever Cut?
No

LAZ dividend raises and cuts

Lazard, Inc. (LAZ) has raised its regular dividend 13 times and cut it 0 times across the 86 payments on record since 2005. Its most recent change was a 6.4% increase to $0.500 per share, going ex-dividend on Aug 5, 2022.

Ex-dateChangeOld → newMove
Aug 5, 2022Raise$0.470 → $0.500+6.4%
May 3, 2019Raise$0.440 → $0.470+6.8%
May 4, 2018Raise$0.410 → $0.440+7.3%
May 4, 2017Raise$0.380 → $0.410+7.9%
Apr 29, 2016Raise$0.350 → $0.380+8.6%
Apr 30, 2015Raise$0.300 → $0.350+16.7%
Feb 6, 2014Raise$0.250 → $0.300+20.0%
May 2, 2013Raise$0.200 → $0.250+25.0%
May 2, 2012Raise$0.160 → $0.200+25.0%
May 4, 2011Raise$0.125 → $0.160+28.0%
Aug 5, 2009Raise$0.100 → $0.125+25.0%
Feb 6, 2008Raise$0.0900 → $0.100+11.1%
Show all 13 changes since 2005
Ex-dateChangeOld → newMove
Nov 16, 2005Raise$0.0520 → $0.0900+73.1%
Every LAZ payment →Download every raise and cut (CSV)
LAZ ex-dividend date & scheduleNext ex-date Aug 3, 2026 · full ex-dividend historyView →LAZ dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is LAZ a good dividend stock?

Yes. Lazard, Inc. (LAZ) pays a quarterly dividend yielding 5.54% ($2.00/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is LAZ undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LAZ's fair value is about $42.51 versus a $36.09 share price — so it looks undervalued (+18% vs. fair value).

Is LAZ's dividend safe?

LAZ has a dividend-safety grade of A (85/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is LAZ's fair value?

Our blended fair-value estimate for LAZ is about $42.51 per share, roughly 18% above the current $36.09 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is LAZ a buy, hold, or sell?

We don't issue formal ratings, but on the data LAZ screens as "yes" and undervalued. Lazard, Inc. (LAZ) pays a quarterly dividend yielding 5.54% ($2.00/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will LAZ cut its dividend?

LAZ earns a dividend-safety grade of A (85/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does LAZ pay a dividend?

Yes. Lazard, Inc. pays a quarterly dividend of about $2.00 per share annually, a forward yield of roughly 5.54%.

What is LAZ's dividend yield?

As of Oct 18, 2026, LAZ's forward dividend yield is 5.54%, based on a $2.00 annual dividend and a $36.09 share price.

What is LAZ's dividend per share?

As of Oct 18, 2026, LAZ pays $2.00 per share per year, distributed on a quarterly basis.

What is LAZ's dividend payout ratio?

As of Oct 18, 2026, LAZ's payout ratio is 98% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has LAZ grown its dividend?

LAZ does not currently have a long dividend-growth streak on record.

When is the next LAZ ex-dividend date?

As of Oct 18, 2026, LAZ's next ex-dividend date hasn't been announced. The most recent was Aug 3, 2026, for $0.50 per share.

Income Calculator

At $2.00 / yr per share

Per payment (quarterly)$50.00
Annual$200.00
Monthly avg$16.67

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