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Lazard Inc (LAZ) has a storied history that can be traced back to 1848.

The company's revenue is fairly evenly split between financial advisory, such as acquisition and restructuring advisory, and asset management.

The company's asset management business is primarily driven by equities (over 80% of assets under management), has an international focus, and targets institutional clients.

By geography, the company earns approximately 60% of its 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.

Lazard, Inc. was incorporated in 1848 and is headquartered in New York, New York.

Three key data points gauge

Lazard Inc. or any dividend-paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

LAZ Price

Lazard Inc’s price fell about 6.7% in the past year from $38.37 to $35.81 as of Tuesday’s market close.

In the past 5 years, the company’s share price has ranged from $24.12 to $61.14; the all-time high share price was reached on November 6th, 2024.

Should the LAZ share price realize the median projected $4.19 price gain from 8 analysts in the coming year,  its share price might grow to $40.00.

LAZ Dividends

Lazard Inc. has paid variable quarterly dividends since August 2005. The company’s most recent Q dividend of $0.50 was declared January 29, 2005, for shareholders of record prior to February 10th, and the dividend was paid out February 21st. The forward-looking annual dividend of $2.00 yields 5.59% per Tuesday’s closing price.

LAZ Returns

Putting it all together, a $6.19 estimated gross gain per share shows up by adding LAZ’s annual $2.00 dividend to an estimated $4.19 annual price gain, totaling that $6.19 gross gain amount.

A little over $1000 buys 28 shares at Tuesday’s $35.81 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.36 per share out of the $6.19. gross gain to give us a $5.83 net amount per share to multiply by 32 shares. That result comes to $186.56 for about a 19% estimated net gain in the coming year.

Furthermore, $55.90 in annual dividend income from your $1,000 investment in Lazard Inc is over 2.16x more than the $35.81 single-share price. By these numbers, LAZ could be considered an ideal dividend dog by my dogcatcher standards.

Therefore, you may choose to pounce on LAZ as a 177-year-old quarterly dividend-paying New York Investment Group with a 20-year  dividend payment record.

LAZ Returns

Putting it all together, a $6.19 estimated gross gain per share shows up by adding LAZ’s annual $2.00 dividend to an estimated $4.19 annual price gain, totaling that $6.19 gross gain amount.

A little over $1000 buys 28 shares at Tuesday’s $35.81 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.36 per share out of the $6.19. gross gain to give us a $5.83 net amount per share to multiply by 32 shares. That result comes to $186.56 for about a 19% estimated net gain in the coming year.

Furthermore, $55.90 in annual dividend income from your $1,000 investment in Lazard Inc is over 2.16x more than the $35.81 single-share price. By these numbers, LAZ could be considered an ideal dividend dog by my dogcatcher standards.

Therefore, you may choose to pounce on LAZ as a 177-year-old quarterly dividend-paying New York Investment Group with a 20-year  dividend payment record.

The exact track of LAZ’s future price and dividend will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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