Lazard Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total revenue of $631.436 million compared to $580.857 million a year ago. Operating income was $73.154 million compared to operating loss of $5.197 million a year ago. Net income was $52.796 million compared to net loss of $4.106 million a year ago. Net income attributable to the company was $53.217 million or $0.40 per diluted share compared to net loss of $5.365 or $0.05 per diluted share million a year ago. Non-GAAP total revenue was $293.173 million compared to $245.207 million a year ago. Non GAAP Earnings from operations was $163.479 million compared to $116.973 million a year ago. Non GAAP net income was $109.838 million or $0.81 per diluted share compared to $81.627 million or $0.61 per diluted share million a year ago. Operating revenue for the period was $620.485 million against $573.647 last year.

For the full year, the company reported total revenue of $2,064.733 million compared to $1,994.013 million a year ago. Operating income was $216.807 million compared to $123.885 million a year ago. Net income was $165.114 million compared to $92.785 million a year ago. Net income attributable to the company was $160.212 million or $1.21 per diluted share compared to $84.309 or $0.65 per diluted share million a year ago. Non-GAAP total revenue was $1,024.047 million compared to $882.175 million a year ago. Non GAAP Earnings from operations was $428.421 million compared to $332.002 million a year ago. Non GAAP net income was $268.615 million or $2.01 per diluted share compared to $194.907 million or $1.44 per diluted share million a year ago. Adjusted operating revenue was $2,034.286 million compared to $1,970.816 million a year ago. Adjusted net income was $268.615 million or $2.01 per diluted share compared to $1,954.907 million or $1.44 per diluted share a year ago.

The company also announced that its Board of Directors has voted to increase the quarterly dividend on its outstanding Class A common stock by 20% to $0.30 per share. The dividend is payable on February 21, 2014, to stockholders of record on February 10, 2014.