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La-Z-Boy Announces $0.22 Quarterly Dividend, Payable September 15
ByAinvest
Monday, Aug 25, 2025 4:19 pm ET1min read
La-Z-Boy has declared a $0.22/share quarterly dividend, in line with previous, with a forward yield of 2.4%. The dividend will be payable on September 15 for shareholders of record on September 4 and ex-div on September 4.
La-Z-Boy Incorporated (NYSE: LZB) has announced a quarterly cash dividend of $0.22 per share on its common stock. The dividend will be paid on September 15, 2025, to shareholders of record as of September 4, 2025 [1].This dividend aligns with the company's annual dividend of $0.88 per share, which has a yield of 2.4% [2]. The dividend is part of La-Z-Boy's commitment to returning value to its shareholders, reflecting its strong financial performance and stability in the furniture industry.
La-Z-Boy operates through its Retail and Wholesale segments, with a significant presence in the U.S. market. The Retail segment includes nearly 210 company-owned La-Z-Boy Furniture Galleries® stores, while the broader network comprises approximately 370 La-Z-Boy Furniture Galleries® stores nationwide, complemented by La-Z-Boy.com and 14 Joybird® stores [1].
The announcement of the dividend comes amidst potential tariff investigations on furniture imports, which could impact the industry. Former President Donald Trump's administration has initiated a tariff investigation on furniture imports, with a decision expected within 50 days [3]. However, La-Z-Boy's strong domestic production footprint may mitigate the impact of potential tariffs, as seen in its share price performance.
La-Z-Boy's dividend policy is a key factor for investors to consider when evaluating the company's stock. The quarterly dividend provides a steady income stream and demonstrates the company's financial health and commitment to shareholders.
References:
[1] https://www.stocktitan.net/news/LZB/la-z-boy-incorporated-declares-quarterly-4wew4nov2soa.html
[2] https://stockanalysis.com/stocks/lzb/dividend/
[3] https://www.indexbox.io/blog/furniture-stocks-react-to-trump-tariff-investigation-announcement/
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