
LegalZoom.com, Inc. Common Stock (LZ)
LegalZoom.com, Inc. is an online legal technology company that provides legal document services and legal solutions for individuals and small businesses. Founded in 2001, it offers services such as business formation, intellectual property protection, estate planning, and legal document review, leveraging technology to make legal assistance more accessible and affordable.
Dividend History
Pay Date | Amount | Ex-Date | Record Date |
---|---|---|---|
September 9, 2011 | $0.36 | 2011-08-08 | 2011-08-10 |
June 10, 2011 | $0.36 | 2011-05-06 | 2011-05-10 |
March 10, 2011 | $0.36 | 2011-02-08 | 2011-02-10 |
December 10, 2010 | $0.36 | 2010-11-08 | 2010-11-10 |
September 10, 2010 | $0.36 | 2010-08-06 | 2010-08-10 |
Dividends Summary
- LegalZoom.com, Inc. Common Stock has issued 31 dividend payments over the past 7 years
- The most recent dividend was paid 5125 days ago, on September 9, 2011
- The highest dividend payed out to investors during this period was $0.36 per share
- The average dividend paid during this period was $0.30 per share.
Company News
LegalZoom announced its management will present at the Citi 2025 Global TMT Conference in New York City, discussing their recent financial performance and strategic outlook.
LegalZoom has acquired Formation Nation, a small business services company, to enhance its customer service and expand its portfolio of small business solutions. The acquisition is expected to be accretive to LegalZoom's financial performance.
LegalZoom's stock price jumped over 27% after the company reported better-than-expected quarterly results, driven by growth in subscription revenue and lower expenses. However, the author believes the stock's reaction is somewhat overblown given LegalZoom's staid business model.
LegalZoom stock plunged over 28% after the company announced a new CEO and reduced its full-year revenue guidance. The company also downgraded its free cash flow expectations for the year.
LegalZoom (LZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).