Lazard Next Gen Technologies ETF (TEKY) Declares $0.08 Quarterly Dividend — What Investors Need to Know
Lazard Next Gen Technologies ETF (TEKY) declares $0.0758 quarterly dividend payable Mar 23; annualized yield ~0.9%. Important dates and investor steps.
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Lazard Next Gen Technologies ETF (NASDAQ:TEKY) has announced a quarterly dividend, giving investors a modest income boost from this growth-focused fund. The dividend, declared on March 19, will be paid at $0.0758 per share (commonly rounded to $0.08), with shareholders of record on March 20 receiving the payment on March 23.
At an annualized level, this distribution equates to a dividend yield of approximately 0.9%. While the yield is modest compared with high-income ETFs, TEKY targets next-generation technology companies and is primarily designed for capital appreciation rather than income. For investors tracking dividend income or total return, this payout is a useful, if small, enhancement to overall returns.
Important dates and mechanics matter. The declaration came on March 19, the record date was March 20, and the payment date is March 23. Investors should note that the ex-dividend date typically falls one business day before the record date; anyone purchasing shares on or after the ex-dividend date will not be eligible for this distribution. If you plan to capture the dividend, make sure to buy shares before the ex-dividend cutoff.
Why this matters for investors: TEKY’s focus on next-gen technologies means holdings may include companies in cloud, AI, semiconductors, and other innovative sectors. Those seeking dividend income might find the ETF’s yield limited, but long-term investors interested in technology exposure can view the distribution as an added benefit. Dividend reinvestment plans (DRIPs) can amplify long-term returns by automatically using payouts to buy additional shares.
Tax considerations are also important. ETF dividends can be taxed differently depending on the nature of the payout and an investor’s jurisdiction. Review your tax situation or consult a tax advisor to understand the implications of receiving dividends from an ETF like TEKY.
Bottom line: The Lazard Next Gen Technologies ETF’s $0.0758 quarterly dividend reflects a small income component to a fund built for growth. Confirm ex-dividend timing, consider dividend reinvestment, and weigh this payout against your investment goals and tax circumstances before taking action.
Published on: March 21, 2026, 4:07 pm
