Dividend Information About La-Z-Boy: Everything You Need to Know Before Its Ex-Dividend Date on Sep 4, 2025

Generated by AI AgentAinvest Dividend Digest
Sunday, Aug 31, 2025 7:08 pm ET2min read
Aime RobotAime Summary

- La-Z-Boy declared a $0.22/share dividend, payable Sep 15, 2025, with ex-dividend date Sep 4, 2025.

- The payout exceeds its 10-year average ($0.1279) and reflects ongoing shareholder value commitments.

- Recent RSU grants to directors and participation in Goldman Sachs conference signal governance focus and investor engagement.

- Mixed institutional ownership shifts and a 15.2% YTD stock decline contrast with cautious analyst optimism.

La-Z-Boy Inc. (NYSE: LZB) has declared a cash dividend of $0.22 per share, to be distributed on Sep 15, 2025. The ex-dividend date for this payment is set for Sep 4, 2025, while the announcement date was Aug 25, 2025. This payout marks a notable increase compared to the average of the company’s last 10 dividend per share amounts, which stood at approximately $0.1279. The dividend follows the same cash dividend format as the company’s previous distribution, which was announced on Jun 16, 2025, and also amounted to $0.22 per share. These details indicate La-Z-Boy’s continued commitment to returning value to shareholders through consistent and potentially growing dividend payouts.

Over the past week, has been the subject of several key developments that may influence its operations and market performance. Most recently, the company announced its participation in the 32nd Annual Global Retailing Conference, a move that could enhance its visibility among institutional investors and analysts. This event, scheduled for late August 2025, provides the company with an opportunity to highlight its strategic initiatives and market position to a broader audience.

Additionally, insiders at La-Z-Boy have seen recent compensation activity. Director Mark LaVigne was granted 3,653 restricted stock units (RSUs) under the 2024 Omnibus Incentive Plan on Aug 28, 2025. These RSUs are set to vest within one year and will settle in stock, aligning executive interests with long-term shareholder value. Such insider compensation is often viewed as a positive signal regarding the company's future prospects.

Furthermore, the company recently held its annual meeting, where nine directors were elected to serve through 2026, and executive compensation was approved. PricewaterhouseCoopers LLP was also ratified as the independent registered public accounting firm for the upcoming fiscal year. The meeting underscored the company’s commitment to sound corporate governance and transparency, reinforcing confidence among stakeholders.

Since the last update, La-Z-Boy has seen mixed institutional investor activity, with some hedge funds increasing their positions while others have reduced holdings. Notably, CITADEL ADVISORS LLC added 192,155 shares in the latest quarter, while SCHRODER INVESTMENT MANAGEMENT GROUP decreased its stake by 692,439 shares. These shifts reflect ongoing evaluation of the stock’s strategic and financial performance.

As of late, the company’s stock score indicates stable financial health and strategic growth, though challenges remain in revenue and cash flow. La-Z-Boy’s stock price has declined by 15.2% year-to-date, trading at $43.57 as of Jan 1, 2025. Despite these challenges, analysts remain cautiously optimistic, with one firm issuing an "Overweight" rating and no sell ratings. The company’s strong brand, extensive retail network, and commitment to shareholder returns position it well for future growth.

The ex-dividend date of Sep 4, 2025, marks the last day for investors to purchase La-Z-Boy shares and still be eligible to receive the upcoming dividend. Investors who buy the stock on or after this date will not be entitled to the $0.22 per share payout.

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