La-Z-Boy (LZB) DIvidends Date & History

Key Takeaways

• La-Z-Boy offers a forward dividend of $0.97 per share, resulting in a yield of approximately 2.5%.
• The company pays dividends quarterly, with the most recent annualized rate supported by a payout ratio between 27% and 47%.
• Dividends have been paid consistently for decades, with evidence of annual increases in recent years.
• Free cash flow and earnings provide solid coverage for the current dividend level.
• The dividend profile positions La-Z-Boy as a moderate-yield dividend growth candidate rather than a high-yield stock.
• Relative to furniture and consumer discretionary peers, the yield sits in a competitive range for income-focused investors.

Dividend Overview

La-Z-Boy Incorporated maintains a quarterly dividend policy with an annualized forward dividend of $0.97 per share. At current share prices, this translates to a dividend yield near 2.5%. Payments occur four times per year, with the most recent ex-dividend date on June 2, 2026. The company qualifies as a modest-yield dividend payer with a track record of consistent distributions. It is not positioned as a high-yield stock but rather as one offering reliable income combined with potential for gradual growth over time.

Dividend History and Growth

La-Z-Boy has distributed dividends for more than 39 years, demonstrating long-term consistency. The annual dividend has risen steadily in recent periods, with the current annualized amount reaching $0.97. Historical records show regular quarterly payments without interruptions, and the company has implemented periodic increases aligned with earnings growth. This pattern supports classification as a dividend growth stock with a focus on sustainable annual raises rather than aggressive hikes.

Dividend Sustainability and Payout Ratio

The dividend appears sustainable based on available metrics. Payout ratios range from 27% to 47% depending on the calculation method, indicating that earnings comfortably cover the distribution. Free cash flow also provides adequate coverage, while the company maintains a conservative balance sheet with manageable debt levels. Overall financial stability supports continued payments, with no recent indications of strain on dividend resources.

Dividend Compared to Industry Peers

Within the furniture and home furnishings sector, La-Z-Boy’s yield of approximately 2.5% compares favorably to many peers that offer lower or similar yields. Competitors in consumer discretionary often feature yields between 1.5% and 3.0%, placing La-Z-Boy in an average-to-above-average position. Its combination of moderate yield and consistent growth differentiates it from higher-yield but less stable names in the broader retail and manufacturing space.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening.

Is This Stock Attractive for Dividend Investors?

La-Z-Boy may appeal to dividend growth investors seeking moderate yields with a history of consistent payments and annual increases. Income-focused investors could find the quarterly schedule and coverage ratios suitable for steady cash flow, while conservative long-term holders may value the company’s established payout record and reasonable payout ratio. The stock appears less attractive for those prioritizing high current yields above 4%. Overall suitability depends on individual portfolio needs for balance between income and growth potential within the consumer discretionary sector.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations