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| LAZ Ex-Dividend Reminder - 11/3/11By Dividend Channel Staff, Tuesday, November 1, 10:42 AM ET
On 11/3/11, Lazard Limited (NYSE:LAZ) will trade ex-dividend, for its quarterly dividend of $0.16, payable on 11/25/11. As a percentage of LAZ's recent stock price of $26.48, this dividend works out to approximately 0.60%. Below is a dividend history chart for LAZ, showing historical dividends prior to the most recent $0.16 declared by Lazard Limited:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LAZ is likely to continue, and whether the current estimated yield of 2.42% on annualized basis is a reasonable expectation of annual yield going forward.
According to the ETF Finder at ETF Channel, LAZ makes up 2.58% of the SPDR S&P Capital Markets ETF (AMEX:KCE) which is trading lower by about 3.4% on the day Tuesday. See what other ETFs contain LAZ » In Tuesday trading, Lazard Limited shares are currently down about 3.1% on the day. Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO'' The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
Find the right mix of model portfolios today at PortfolioChannel.com
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