STOCK TITAN

La-Z-Boy Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

La-Z-Boy Incorporated (NYSE: LZB) has announced a quarterly cash dividend of $0.165 per share, payable on June 15, 2022 to shareholders of record as of June 2, 2022. This decision reflects the company's ongoing commitment to shareholder returns. La-Z-Boy is a leader in the residential furniture industry, with various brands and a robust retail presence, including 350 stand-alone La-Z-Boy Furniture Galleries. Investors are encouraged to stay informed through the company’s SEC filings and news releases available on their website.

Positive
  • Quarterly cash dividend of $0.165 per share reflects strong shareholder return strategy
  • Dividend payout reinforces company’s confidence in financial stability
Negative
  • None.

MONROE, Mich., May 03, 2022 (GLOBE NEWSWIRE) -- Directors of La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, declared a quarterly cash dividend on the company’s common stock of $0.165 per share. The dividend is payable June 15, 2022 to shareholders of record as of June 2, 2022.

Additional Information

This news release is just one part of La-Z-Boy’s financial disclosures and should be read in conjunction with other information filed with the SEC, which is available at: https://lazboy.gcs-web.com/financial-information/sec-filings. Investors and others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly investor conference calls may sign up at: https://lazboy.gcs-web.com/.

Background Information

La-Z-Boy Incorporated is one of the world’s leading residential furniture producers, marketing furniture for every room of the home. The Wholesale segment includes England, La-Z-Boy, American Drew®, Hammary®, Kincaid® and the company's international wholesale and manufacturing businesses. The company-owned Retail segment includes 163 of the 350 La-Z-Boy Furniture Galleries® stores. Joybird is an e-commerce retailer and manufacturer of upholstered furniture.

The corporation’s branded distribution network is dedicated to selling La-Z-Boy Incorporated products and brands, and includes 350 stand-alone La-Z-Boy Furniture Galleries® stores and 559 independent Comfort Studio® locations, in addition to in-store gallery programs for the company’s Kincaid and England operating units. Additional information is available at http://www.la-z-boy.com/.

Contact:
Kathy Liebmann
(734) 241-2438
kathy.liebmann@la-z-boy.com


FAQ

What is the dividend amount declared by La-Z-Boy on May 3, 2022?

La-Z-Boy declared a quarterly cash dividend of $0.165 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 15, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is June 2, 2022.

How often does La-Z-Boy pay dividends?

La-Z-Boy typically pays dividends quarterly.

Where can I find more information about La-Z-Boy's financial performance?

Additional information is available in La-Z-Boy’s SEC filings, which can be accessed through their website.

La-Z-Boy Incorporated

NYSE:LZB

LZB Rankings

LZB Latest News

LZB Stock Data

1.76B
41.18M
0.69%
101.43%
4.51%
Furnishings, Fixtures & Appliances
Household Furniture
Link
United States of America
MONROE