LZB La-Z-Boy dividend history, payout ratio & dates
La-Z-Boy's latest dividend was on Sep 5, 2024 (ex-date) with a payout of $0.2 per share. At an annualized rate of $0.8 per share, the stock yields 1.84%.
Key dates
- LZB last dividend date: Sep 5, 2024
LZB dividend stats
vs. Consumer Cyclical sector
Dividend yield
LZB has a dividend yield of 1.84% which is lower than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 2.53%, La-Z-Boy's dividend yield is 27% lower. Historically LZB's dividend yield has averaged at 1.9% in the last 5 years, which is more than the current one.
Dividend history
La-Z-Boy has a long history of dividend payments, including the last 12 consecutive years with dividend payouts. LZB has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 10% for the last twelve months. However with the price of the stock up by 38% from a year ago, the dividend yield has decreased by 20%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 5, 2024 | $0.2 | 1.99% |
| Jun 4, 2024 | $0.2 | 2.14% |
| Mar 4, 2024 | $0.2 | 2.05% |
| Dec 8, 2023 | $0.2 | 2.08% |
| Sep 5, 2023 | $0.182 | 2.37% |
| Jun 1, 2023 | $0.182 | 2.69% |
| Mar 6, 2023 | $0.182 | 2.22% |
| Dec 9, 2022 | $0.182 | 2.83% |
| Sep 6, 2022 | $0.165 | 2.58% |
| Jun 1, 2022 | $0.165 | 2.55% |
| Mar 2, 2022 | $0.165 | 2.12% |
| Dec 1, 2021 | $0.165 | 1.86% |
| Sep 1, 2021 | $0.15 | 1.68% |
| May 28, 2021 | $0.15 | 1.24% |
| Mar 3, 2021 | $0.15 | 0.88% |
| Dec 1, 2020 | $0.14 | 0.95% |
| Sep 2, 2020 | $0.07 | 1.04% |
| Mar 6, 2020 | $0.14 | 1.95% |
| Nov 29, 2019 | $0.14 | 1.68% |
| Sep 5, 2019 | $0.13 | 1.66% |
| May 29, 2019 | $0.13 | 1.6% |
| Mar 8, 2019 | $0.13 | 1.5% |
| Dec 7, 2018 | $0.13 | 1.81% |
| Sep 6, 2018 | $0.12 | 1.5% |
| May 31, 2018 | $0.12 | 1.51% |
| Mar 5, 2018 | $0.12 | 1.49% |
| Dec 8, 2017 | $0.12 | 1.42% |
| Sep 7, 2017 | $0.11 | 1.78% |
| May 30, 2017 | $0.11 | 1.59% |
| Mar 2, 2017 | $0.11 | 1.54% |
| Dec 7, 2016 | $0.11 | 1.3% |
| Aug 31, 2016 | $0.1 | 1.5% |
| May 23, 2016 | $0.1 | 1.53% |
| Feb 25, 2016 | $0.1 | 1.49% |
| Nov 25, 2015 | $0.1 | 1.25% |
| Aug 27, 2015 | $0.08 | 1.16% |
| May 26, 2015 | $0.08 | 1.12% |
| Feb 25, 2015 | $0.08 | 1.11% |
La-Z-Boy dividend payout ratio
Payout ratio
LZB has a payout ratio of 27.3% which is lower than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 43.3%, La-Z-Boy's payout ratio is 37% lower.
Total amount of dividends paid per financial year (from cash flow)
LZB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LEG Leggett & Platt Inc | 8.94% | $1.02 | N/A |
| BSET Bassett Furniture Industries Inc | 5.28% | $0.76 | N/A |
| HOFT Hooker Furniture Corp | 4.87% | $0.92 | 657.1% |
| LZB La-Z-Boy Inc | 1.84% | $0.8 | 27.3% |
| FLXS Flexsteel Industries Inc | 1.05% | $0.62 | 23% |
Frequently asked questions
Does La-Z-Boy pay a dividend?
Yes, La-Z-Boy has been paying dividends for the last 12 years.
When was LZB's last dividend?
La-Z-Boy's last regular dividend was on Sep 5, 2024 (ex-date) with the amount of $0.2 per share.
How much dividend does La-Z-Boy pay (per share)?
LZB has paid dividend of $0.8 per share in the last year.
What is La-Z-Boy's dividend yield?
Currently La-Z-Boy's dividend yield is 1.84%.
How often does La-Z-Boy pay dividends?
La-Z-Boy pays dividends quarterly.
What is La-Z-Boy's dividend payout ratio?
The dividend payout ratio of La-Z-Boy is 27.3%.
Does La-Z-Boy pay a good dividend?
La-Z-Boy's dividend yield is less than the Consumer Cyclical sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.