Lazard Inc Declares $0.5 Dividend Amid Sustainability Concerns

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โดย GuruFocus·Read original
Summary · why it matters

Lazard Inc has announced a total dividend of $0.5 per share, with the ex-dividend date set for 2026-08-03 and payment on 2026-08-14. The firm's 12-month trailing and forward dividend yields both stand at 4.73%, while its dividend payout ratio reached 1.05 as of 2026-06-30, indicating it is distributing more than its earnings. Over the past three years, earnings per share declined by approximately 13.20% annually, and the five-year EBITDA growth rate was negative 15.30%, underperforming most global competitors. Despite a profitability rank of 7 out of 10 and a 21-year streak of annual dividend increases, the negative growth metrics and elevated payout ratio raise questions about the sustainability of future shareholder returns.

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Financials · 1 stocks
Lazard Ltd
LAZ
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Dividend payout ratio exceeds earnings, and declining EPS and EBITDA raise sustainability concerns.