Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success.
This week the portfolio I’m building (my Safari To Sweet Success portfolio) seeks a high-yield and growing stock in the financial services sector.Â
The financial sector includes nineteen industries all related to managing money: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.
Today I’m reviewing a Mid-Cap Capital Markets firm. The company’s name is Lazard Ltd. Its trading ticker symbol is LAZ. Â
The company is a worldwide financial advisory and asset management firm. It offers financial advisory services for mergers and acquisitions, restructurings, capital structure, capital raising and other advisory activities. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients.
The company’s Asset Management segment offers a range of investment solutions and investment management services in equity and fixed income strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients
Lazard Ltd was founded in 1848 and is based in Hamilton, Bermuda.
I use three key data points gauge the value of any dividend equity or fund like Lazard Ltd (LAZ):Â
(1) Price
(2) Dividends
(3) Returns
After those three, four more keys will finally unlock an equity or fund in which to invest.Â
No matter what, it’s the first three primary traits that best tell whether a company has made, is making, and will make money.Â
LAZ Price
