LZB (La-Z-Boy) Dividend Payout Ratio: 0.30 (As of Apr. 2026) — 20% Above Median


LZB La-Z-Boy Inc LZB
81 GF Score
Price $40.80
GF Value $38.97
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is La-Z-Boy Dividend Payout Ratio?

La-Z-Boy LZB -2.51% 81 Dividend Payout Ratio is 0.30 as of Apr. 2026, which is 20% above its 10-year median of 0.25. GuruFocus rates LZB with a GF Score™ of 81/100 and a GF Value™ of $38.97 (Fairly Valued). The stock has 9 warning signs investors should review. Among 203 Furnishings, Fixtures & Appliances companies, La-Z-Boy ranks better than 67.49% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. La-Z-Boy's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.30.

The historical rank and industry rank for La-Z-Boy's Dividend Payout Ratio or its related term are showing as below:

LZB' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.25   Max: 0.37
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of La-Z-Boy was 0.37. The lowest was 0.14. And the median was 0.25.

LZB's Dividend Payout Ratio is ranked better than
67.49% of 203 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.54 vs LZB: 0.37

As of today (2026-06-26), the Dividend Yield % of La-Z-Boy is 2.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of La-Z-Boy was 3.08%. The lowest was 0.77%. And the median was 1.73%.

La-Z-Boy's Dividends per Share for the months ended in Apr. 2026 was $0.24.

During the past 12 months, La-Z-Boy's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 17.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of La-Z-Boy was 65.10% per year. The lowest was -39.00% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

La-Z-Boy (NYSE:LZB) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

La-Z-Boy Dividend Payout Ratio Related Terms

La-Z-Boy Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for La-Z-Boy's Dividend Payout Ratio can be seen below:

* 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 Dividend Payout Ratio Chart

La-Z-Boy Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.27 0.29 0.33

La-Z-Boy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.47 0.31 0.47 0.30

LZB vs LEG, TILE, MBC: Dividend Payout Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where La-Z-Boy's Dividend Payout Ratio falls into.


LZB
81GF Score
La-Z-Boy Inc LZB
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

La-Z-Boy Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

La-Z-Boy's Dividend Payout Ratio for the fiscal year that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Apr. 2026 )/ EPS without NRI (A: Apr. 2026 )
=0.924/ 2.828
=0.33

La-Z-Boy's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=0.242/ 0.81
=0.30

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.30 mean?
La-Z-Boy (LZB) has a Dividend Payout Ratio of 0.30 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on La-Z-Boy and its competitors. This is 20% above median its historical median of 0.25. Over the past decade, La-Z-Boy's Dividend Payout Ratio has ranged from 0.14 to 0.37. According to the industry distribution chart, La-Z-Boy ranks #66 out of 203 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 32.5%.
Is La-Z-Boy's Dividend Payout Ratio too high?
La-Z-Boy's current Dividend Payout Ratio of 0.30 is 20% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.37. The Furnishings, Fixtures & Appliances industry median Dividend Payout Ratio is 0.54. La-Z-Boy's value of 0.30 is 44.4% below this industry median. Based on the distribution chart, La-Z-Boy ranks #66 out of 203 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, La-Z-Boy has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does La-Z-Boy's Dividend Payout Ratio compare to LEG and TILE?
According to the Furnishings, Fixtures & Appliances industry distribution chart, La-Z-Boy ranks #66 out of 203 companies for Dividend Payout Ratio. This puts La-Z-Boy in the upper half of its industry. The industry median Dividend Payout Ratio is 0.54. La-Z-Boy's value of 0.30 is 44.4% below this benchmark. Historically, La-Z-Boy's own Dividend Payout Ratio has ranged from 0.14 to 0.37 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.54, La-Z-Boy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Furnishings, Fixtures & Appliances company?
The median Dividend Payout Ratio among Furnishings, Fixtures & Appliances companies is 0.54, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. La-Z-Boy's current Dividend Payout Ratio of 0.30 is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on La-Z-Boy and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. La-Z-Boy's current Dividend Payout Ratio is 0.30, which is 20% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is La-Z-Boy stock overvalued right now?
Based on GuruFocus' analysis, La-Z-Boy (LZB) is currently considered Fairly Valued. The stock's GF Value™ is $38.97, compared to a current price of $40.80 — trading 4.7% above its estimated fair value. The current Dividend Payout Ratio is 0.30, which is 20% above median its 10-year median of 0.25 and 44.4% below the Furnishings, Fixtures & Appliances industry median of 0.54. La-Z-Boy's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For La-Z-Boy (LZB), the current Dividend Payout Ratio is 0.30 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is La-Z-Boy (LZB) Overvalued in 2026?

Based on GuruFocus' analysis, La-Z-Boy stock appears to be overvalued. The current stock price of $40.80 is trading 4.7% above its estimated GF Value™ of $38.97. GuruFocus considers La-Z-Boy to be Fairly Valued.

Key valuation signals for LZB:

  • Dividend Payout Ratio: 0.30 (20% above median its 10-year median of 0.25)
  • GF Value™: $38.97 vs. price of $40.80 (4.7% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 44.4% below the Furnishings, Fixtures & Appliances median (#66 of 203)

No single metric tells the full story. See the LZB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

La-Z-Boy Business Description

Other Exchanges LAZ:Germany
Address One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
La-Z-Boy Inc is a world'wide producer of reclining chairs and one of the manufacturers/distributors of residential furniture in the United States. It manufacture, market, import, export, distribute and retail upholstery furniture products. In addition, it import, distribute and retail accessories and casegoods (wood) furniture products. Its reportable operating segments include the Retail segment and the Wholesale segment. Its Retail segment mainly sells upholstered furniture. Wholesale segment manufactures and imports upholstered and casegoods (wood) furniture and sells directly. The company generates majority of revenue from Wholesale segment which manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, etc.
81GF Score

Get the complete analysis for LZB

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.80
Price
$38.97
GF Value