La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. It operates through Wholesale, Retail, Corporate and Other segments. The Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans, and sleeper sofas; and imports, distributes, and retails casegoods (wood) furniture, including occasional pieces, bedroom sets, dining room sets, and entertainment centers. This segment sells its products directly to La-Z-Boy Furniture Galleries stores, operators of La-Z-Boy Comfort Studio locations, England Custom Comfort Center locations, dealers, and other independent retailers. The company's Retail segment sells upholstered furniture, casegoods, and other accessories to the end consumer through its retail network. This segment operates a network of 161 company-owned La-Z-Boy Furniture Galleries stores. La-Z-Boy Incorporated also produces reclining chairs; and manufactures and distributes residential furniture. Its Corporate and Other segment sells the products through its website. The company was formerly known as La-Z-Boy Chair Company and changed its name to La-Z-Boy Incorporated in 1996. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan.
La-Z-Boy Dividend Announcement
• La-Z-Boy announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-05
• La-Z-Boy annual dividend for 2024 was $0.82
• La-Z-Boy annual dividend for 2023 was $0.74
• La-Z-Boy 's trailing twelve-month (TTM) dividend yield is 1.81%
• La-Z-Boy 's payout ratio for the trailing twelve months (TTM) is 27.20%
• La-Z-Boy 's dividend growth over the last five years (2018-2023) was 8.73% year
• La-Z-Boy 's dividend growth over the last ten years (2013-2023) was 15.25% year
La-Z-Boy Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-05 | $0.22 | quarterly | 2024-12-16 |
| 2024-09-05 | $0.20 | quarterly | 2024-09-16 |
| 2024-06-04 | $0.20 | quarterly | 2024-06-14 |
| 2024-03-04 | $0.20 | quarterly | 2024-03-15 |
| 2023-12-08 | $0.20 | quarterly | 2023-12-18 |
| 2023-09-05 | $0.18 | quarterly | 2023-09-15 |
| 2023-06-01 | $0.18 | quarterly | 2023-06-15 |
| 2023-03-06 | $0.18 | quarterly | 2023-03-15 |
| 2022-12-09 | $0.18 | quarterly | 2022-12-20 |
| 2022-09-06 | $0.17 | quarterly | 2022-09-15 |
| 2022-06-01 | $0.17 | quarterly | 2022-06-15 |
| 2022-03-02 | $0.17 | quarterly | 2022-03-15 |
| 2021-12-01 | $0.17 | quarterly | 2021-12-15 |
| 2021-09-01 | $0.15 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.15 | quarterly | 2021-06-15 |
| 2021-03-03 | $0.15 | quarterly | 2021-03-15 |
| 2020-12-01 | $0.14 | quarterly | 2020-12-15 |
| 2020-09-02 | $0.07 | quarterly | 2020-09-15 |
| 2020-03-06 | $0.14 | quarterly | 2020-03-16 |
| 2019-11-29 | $0.14 | quarterly | 2019-12-13 |
| 2019-09-05 | $0.13 | quarterly | 2019-09-13 |
| 2019-05-29 | $0.13 | quarterly | 2019-06-14 |
| 2019-03-08 | $0.13 | quarterly | 2019-03-20 |
| 2018-12-07 | $0.13 | quarterly | 2018-12-20 |
| 2018-09-06 | $0.12 | quarterly | 2018-09-14 |
| 2018-05-31 | $0.12 | quarterly | 2018-06-15 |
| 2018-03-05 | $0.12 | quarterly | 2018-03-15 |
| 2017-12-08 | $0.12 | quarterly | 2017-12-20 |
| 2017-09-07 | $0.11 | quarterly | 2017-09-15 |
| 2017-05-30 | $0.11 | quarterly | 2017-06-15 |
| 2017-03-02 | $0.11 | quarterly | 2017-03-15 |
| 2016-12-07 | $0.11 | quarterly | 2016-12-15 |
| 2016-08-31 | $0.10 | quarterly | 2016-09-09 |
| 2016-05-23 | $0.10 | quarterly | 2016-06-10 |
| 2016-02-25 | $0.10 | quarterly | 2016-03-10 |
| 2015-11-25 | $0.10 | quarterly | 2015-12-10 |
| 2015-08-27 | $0.08 | quarterly | 2015-09-10 |
| 2015-05-26 | $0.08 | quarterly | 2015-06-10 |
| 2015-02-25 | $0.08 | quarterly | 2015-03-10 |
| 2014-11-25 | $0.08 | quarterly | 2014-12-10 |
| 2014-08-27 | $0.06 | quarterly | 2014-09-10 |
| 2014-05-27 | $0.06 | quarterly | 2014-06-10 |
| 2014-02-26 | $0.06 | quarterly | 2014-03-10 |
| 2013-11-26 | $0.06 | quarterly | 2013-12-10 |
| 2013-08-28 | $0.04 | quarterly | 2013-09-10 |
| 2013-05-28 | $0.04 | quarterly | 2013-06-10 |
| 2013-02-27 | $0.04 | quarterly | 2013-03-08 |
La-Z-Boy Dividend per year
La-Z-Boy Dividend growth
La-Z-Boy Dividend Yield
La-Z-Boy current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing La-Z-Boy stock? Use our calculator to estimate your expected dividend yield:
La-Z-Boy Financial Ratios
P/E ratio15.23
PEG ratio4.81
P/B ratio1.87
ROE12.44%
Payout ratio27.20%
Current ratio1.88
Quick ratio1.22
Cash Ratio0.70
La-Z-Boy Dividend FAQ
How much is the next La-Z-Boy dividend?
La-Z-Boy 's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next La-Z-Boy dividend. The next La-Z-Boy dividend will be released in March, June, September, or December.
When is La-Z-Boy dividend paid?
La-Z-Boy pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does La-Z-Boy pay?
The specific amount of La-Z-Boy dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find La-Z-Boy 's dividend history.
Does La-Z-Boy stock pay dividends?
Yes, La-Z-Boy does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find La-Z-Boy 's dividend history.
How much dividend does La-Z-Boy pay?
La-Z-Boy paid $0.82 in 2024, $0.744 in 2023, $0.677 in 2022, $0.615 in 2021, and $0.35 in 2020.
How often does La-Z-Boy pay dividends?
La-Z-Boy typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is La-Z-Boy 's dividend yield?
The current dividend yield for La-Z-Boy is 1.81%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate La-Z-Boy 's exact dividend yield.
When does La-Z-Boy go ex dividend?
La-Z-Boy 's ex-dividend date for the latest dividend was on 2024-12-05. La-Z-Boy typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next La-Z-Boy dividend paid?
La-Z-Boy pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will La-Z-Boy increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether La-Z-Boy will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is La-Z-Boy dividend per share?
La-Z-Boy paid $0.82 per share in 2024 and $0.744 per share in 2023. The amount of dividend per share that La-Z-Boy pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is La-Z-Boy a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is La-Z-Boy a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is La-Z-Boy a dividend stock?
Yes, La-Z-Boy is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is La-Z-Boy a good dividend stock?
Whether La-Z-Boy is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. La-Z-Boy has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating La-Z-Boy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating La-Z-Boy as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does La-Z-Boy pay dividends monthly?
La-Z-Boy typically pays dividends on a quarterly basis.
Does La-Z-Boy pay dividends quarterly?
La-Z-Boy currently pays dividends on a quarterly basis.
Has La-Z-Boy ever paid a dividend?
Yes, La-Z-Boy has a history of paying dividends to its shareholders. La-Z-Boy is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy La-Z-Boy dividend stocks?
To buy La-Z-Boy you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy La-Z-Boy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy La-Z-Boy stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does La-Z-Boy pay dividends 2024?
La-Z-Boy pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will La-Z-Boy increase its dividend in 2024?
Decisions regarding La-Z-Boy dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date La-Z-Boy dividend overview you can look into the above table of dividend history.
How La-Z-Boy dividend works?
The La-Z-Boy dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how La-Z-Boy 's dividend process works:
1. Determination of Dividend: La-Z-Boy 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, La-Z-Boy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, La-Z-Boy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from La-Z-Boy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: La-Z-Boy 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, La-Z-Boy publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, La-Z-Boy distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from La-Z-Boy are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are La-Z-Boy dividends paid?
La-Z-Boy dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: La-Z-Boy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, La-Z-Boy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: La-Z-Boy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: La-Z-Boy sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, La-Z-Boy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: La-Z-Boy declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does La-Z-Boy pay dividends?
La-Z-Boy typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does La-Z-Boy pay dividends?
The general pattern is that La-Z-Boy pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is La-Z-Boy dividend safe?
The safety of La-Z-Boy 's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of La-Z-Boy 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review La-Z-Boy 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of La-Z-Boy 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review La-Z-Boy 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.