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La-Z-Boy (LZB) Dividend Yield, Date & History

La-Z-Boy logo
$42.76 +0.22 (+0.52%)
(As of 12/20/2024 05:31 PM ET)

La-Z-Boy Dividend Summary

Dividend Yield
2.06%
Annual Dividend
$0.88
Recent
Dividend Payment
Dec. 16
Annualized 3-Year
Dividend Growth
28.61%
Dividend Payout Ratio
30.45%

La-Z-Boy (LZB) pays an annual dividend of $0.88 per share, with a dividend yield of 2.06%. The next quarterly payment of $0.22 per share was paid on Monday, December 16, to investors who owned the stock before the ex-dividend date of Thursday, December 5. The company currently pays out 30.45% of its earnings and 15.58% of its cash flow as dividends.

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LZB Dividend Payments by Quarter

The chart below displays up to four years of La-Z-Boy's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

LZB Dividend Yield Over Time

The chart below tracks La-Z-Boy's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

La-Z-Boy vs. The Competition

Compare La-Z-Boy's annual dividend, yield, and 3-year growth rate with averages for Discretionary and NYSE companies to evaluate its performance against the market.

TypeLa-Z-BoyDiscretionary CompaniesNYSE Companies
Annual Dividend$0.88$0.01$1.39
Dividend Yield2.06%2.81%3.58%
Annualized 3-Year Dividend Growth28.61%23.28%15.78%

La-Z-Boy Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings30.45%
Based on This Year's Estimate29.43%
Based on Next Year's Estimate26.27%
Based on Cashflow15.58%

La-Z-Boy Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/19/2024quarterly$0.22+$0.02
10.00%
2.1%12/5/202412/5/202412/16/2024
8/20/2024quarterly$0.20 - 2%9/5/20249/5/20249/16/2024
5/1/2024quarterly$0.20 - 2.4%6/4/20246/4/20246/14/2024
2/20/2024Quarterly$0.20 - 2.22%3/4/20243/5/20243/15/2024
11/29/2023Quarterly$0.20+$0.0185
10.19%
2.28%12/8/202312/11/202312/18/2023
8/22/2023quarterly$0.1815 - 2.5%9/5/20239/6/20239/15/2023
5/2/2023quarterly$0.1815-$0.0005
0.27%
2.6%6/1/20236/2/20236/15/2023
2/21/2023Quarterly$0.1820+$0.0005
0.28%
2.3%3/6/20233/7/20233/15/2023

This table shows La-Z-Boy's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

La-Z-Boy Dividend - Frequently Asked Questions

The current dividend yield for La-Z-Boy is 2.06%. Learn more on LZB's dividend yield history.

The annual dividend for LZB shares is $0.88. Learn more on LZB's annual dividend history.

La-Z-Boy pays quarterly dividends to shareholders.

La-Z-Boy's most recent quarterly dividend payment of $0.22 per share was made to shareholders on Monday, December 16, 2024.

La-Z-Boy's most recent ex-dividend date was Thursday, December 5, 2024.

Over the past three years, the company's dividend has grown by an average of 28.61% per year.

The most recent change in the company's dividend was an increase of $0.02 on Tuesday, November 19, 2024.

The dividend payout ratio for LZB is:
  • 30.45% based on the trailing year of earnings
  • 29.43% based on this year's estimates
  • 26.27% based on next year's estimates
  • 15.58% based on cash flow

La-Z-Boy's dividend yield of 1.97% is lower than the average Consumer Discretionary company that issues a dividend. La-Z-Boy's dividend payout ratio of 30.45% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate La-Z-Boy stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:LZB) was last updated on 12/21/2024 by MarketBeat.com Staff
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