Dives and Lazarus is Child ballad 56, and a Christmas carol. Francis James Child collected two variants, in The English and Scottish Popular Ballads. It is based on a parable of Jesus but the story contains some miraculous elements, and has its emphasis slightly changed from the more traditionally Jewish to a more popularly Western Christian view of the afterlife.
As in other popular renderings of the Lazarus and Dives parable, 'Dives (Latin for rich or splendid) was considered as a proper name, and the name even was changed to Diverus in variant B.
As both men die angels fetch Lazarus to heaven, and serpents take Dives to hell. In version A, Dives asks Lazarus for a drop of water, and complains about his eternal punishment.
It is the basis of Ralph Vaughan Williams' composition Five Variants of Dives and Lazarus and was also arranged by him as a hymn tune "Kingsfold", to which two sets of lyrics are commonly sung: "O sing a song of Bethlehem, and "I heard the voice of Jesus".