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La-Z-Boy (La-Z-Boy) 3-Year Dividend Growth Rate : 8.70% (As of Jan. 2024)


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What is La-Z-Boy 3-Year Dividend Growth Rate?

La-Z-Boy's Dividends per Share for the three months ended in Jan. 2024 was $0.20.

The historical rank and industry rank for La-Z-Boy's 3-Year Dividend Growth Rate or its related term are showing as below:

LZB' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -39   Med: 7.5   Max: 74.6
Current: 8.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of La-Z-Boy was 74.60% per year. The lowest was -39.00% per year. And the median was 7.50% per year.

LZB's 3-Year Dividend Growth Rate is ranked better than
59.24% of 157 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 6 vs LZB: 8.70

During the past 12 months, La-Z-Boy's average Dividends Per Share Growth Rate was 10.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

La-Z-Boy's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.30. As of today, La-Z-Boy's Dividend Yield % is 2.25%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of La-Z-Boy's 3-Year Dividend Growth Rate

For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


La-Z-Boy's 3-Year Dividend Growth Rate Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La-Z-Boy's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where La-Z-Boy's 3-Year Dividend Growth Rate falls into.



La-Z-Boy 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


La-Z-Boy  (NYSE:LZB) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

La-Z-Boy's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.2/ 0.66
=0.30

During the past 13 years, the highest Dividend Payout Ratio of La-Z-Boy was 0.28. The lowest was 0.16. And the median was 0.23.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

La-Z-Boy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2002024-03-042024-03-052024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.2002023-12-082023-12-112023-12-18Cash DividendquarterlyUSD:USD 1.000000
USD 0.1822023-09-052023-09-062023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1822023-06-012023-06-022023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

La-Z-Boy's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.764/34.04
=2.24 %

Current Share Price is $34.04.
La-Z-Boy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.764.

During the past 13 years, the highest Dividend Yield of La-Z-Boy was 3.08%. The lowest was 0.36%. And the median was 1.47%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


La-Z-Boy 3-Year Dividend Growth Rate Related Terms>


La-Z-Boy (La-Z-Boy) Business Description

Traded in Other Exchanges
Address
One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.
Executives
Janet Kerr director 50 CASTILIAN DR, GOLETA CA 93117
Raza Syed Haider director ONE LA-Z-BOY DRIVE, MONROE MI 48162
Rebecca M Reeder officer: Pres., Retail LZB Furn. Gall. 1 LA-Z-BOY DRIVE, MONROE MI 48162
Mark Stephen Lavigne director 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Katherine E. Vanderjagt officer: VP & Chief HR Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy officer: SVP & Chief Commercial Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Carol Young Lee officer: VP & Chief Information Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Terrence James Linz officer: President, La-Z-Boy Retail 1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson officer: President Int'l & Joybird 6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Michael Adam Leggett officer: Sr VP & Chief Supply Chain Off 1 LA-Z-BOY DRIVE, MONROE MI 48162
Kurt L Darrow director, officer: Chairman, President & CEO ONE LA-Z-BOY DRIVE, MONROE MI 48162
Erika L. Alexander director 10400 FERNWOOD RD., BETHESDA MD 20817
Otis S Sawyer officer: Senior Vice President ONE LA-Z-BOY DRIVE, MONROE MI 48162
Raphaell Z. Richmond officer: VP, GC & Chief Compliance Off ONE LA-Z-BOY DRIVE, MONROE MI 48162
Jennifer Lynn Mccurry officer: Chief Accounting Officer ONE LA-Z-BOY DRIVE, MONROE MI 48162

La-Z-Boy (La-Z-Boy) Headlines

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