La-Z-Boy declares a quarterly cash dividend of $0.22 per share, payable September 15, 2025.
Quiver AI Summary
La-Z-Boy Incorporated announced a quarterly cash dividend of $0.22 per share on its common stock, set to be paid on September 15, 2025, to shareholders recorded by September 4, 2025. The company, a leader in the furniture industry, emphasizes quality and comfort, stemming from its origins with the invention of the recliner in 1927. La-Z-Boy operates nearly 210 company-owned Furniture Galleries® stores alongside its extensive online presence, and it also includes Joybird®, a retailer specializing in modern upholstered furniture. The company also manufactures custom furniture through its Wholesale segment, catering to both retail channels and its own stores.
Potential Positives
- La-Z-Boy declared a quarterly cash dividend of $0.22 per share, demonstrating the company's commitment to providing returns to its shareholders.
- The dividend payment date is set for September 15, 2025, which may positively influence investor confidence and attract new investors.
- The company has a substantial presence with nearly 210 company-owned stores and a broad network of nearly 370 stores, indicating strong operational stability and market reach.
- La-Z-Boy's ongoing commitment to quality and consumer compassion is highlighted, reinforcing its brand value and customer loyalty.
Potential Negatives
- The announcement of a cash dividend could indicate a lack of significant growth opportunities for reinvestment into the company, suggesting possible stagnation in expanding their business operations.
FAQ
What is the latest dividend declared by La-Z-Boy?
La-Z-Boy declared a quarterly cash dividend of $0.22 per share on August 25, 2025.
When will the dividend be paid to shareholders?
The dividend will be paid on September 15, 2025, to shareholders of record on September 4, 2025.
Who can I contact for investor relations at La-Z-Boy?
You can contact Mark Becks, CFA, at (734) 457-9538 or [email protected] for investor relations inquiries.
How many La-Z-Boy Furniture Galleries® are there?
There are nearly 210 company-owned La-Z-Boy Furniture Galleries® stores as part of a broader network of nearly 370 stores.
What is the history of La-Z-Boy?
La-Z-Boy was founded in 1927, and it is known for inventing the iconic recliner and transforming comfort in homes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LZB Hedge Fund Activity
We have seen 112 institutional investors add shares of $LZB stock to their portfolio, and 145 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 692,439 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $25,737,957
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 445,905 shares (-50.6%) from their portfolio in Q2 2025, for an estimated $16,574,288
- THRIVENT FINANCIAL FOR LUTHERANS removed 386,311 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $14,359,179
- WEISS ASSET MANAGEMENT LP removed 336,242 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $13,143,699
- BLACKROCK, INC. removed 302,712 shares (-4.7%) from their portfolio in Q2 2025, for an estimated $11,251,805
- CITADEL ADVISORS LLC added 192,155 shares (+417.5%) to their portfolio in Q2 2025, for an estimated $7,142,401
- RENAISSANCE TECHNOLOGIES LLC added 166,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $6,170,220
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LZB Analyst Ratings
Wall Street analysts have issued reports on $LZB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Keybanc issued a "Overweight" rating on 04/25/2025
To track analyst ratings and price targets for $LZB, check out Quiver Quantitative's $LZB forecast page.
Full Release
MONROE, Mich., Aug. 25, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today declared a quarterly cash dividend of $0.22 per share on the common stock of the company. The dividend will be paid on September 15, 2025, to shareholders of record on September 4, 2025.
Investor Relations Contact
:
Mark Becks, CFA, (734) 457-9538
[email protected]
About La-Z-Boy
:
La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world - a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a vertically integrated furniture retailer and manufacturer, committed to uncompromising quality and compassion for its consumers.
The Retail segment consists of nearly 210 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of nearly 370 La-Z-Boy Furniture Galleries® that, with La-Z-Boy.com, serve customers nationwide. Joybird®, an omni-channel retailer and manufacturer of modern upholstered furniture, has 14 stores in the U.S. (one new store opened in fiscal 2026 Q2). In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for Furniture Galleries® and a variety of retail channels, England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid®, American Drew®, and Hammary® provide pieces that make every room feel like home. To learn more, please visit: https://www.la-z-boy.com/ .
