Lazard Declares $0.50 Quarterly Dividend, Payment Set for May 2025

Lazard Inc. has declared a quarterly dividend of $0.50 per share, to be paid on May 16, 2025, reflecting its robust financial health and commitment to returning value to shareholders. In addition, the Lazard Global Total Return and Income Fund (LGI), managed by Lazard Asset Management, announced a monthly distribution of $0.14646 per share for May 2025, with 62% of the payout classified as return of capital and the remainder from net realized long-term capital gains. LGI's consistent dividends, strong 5-year average annual total return of 12.63%, and a diversified investment strategy underline its attractiveness for income-focused investors. These announcements reinforce Lazard’s reputation for financial stability and its dedication to providing reliable income streams to shareholders, although the sustainability of future dividends could be influenced by broader market and economic conditions.