La-Z-Boy (La-Z-Boy) Dividend Payout Ratio

: 0.30 (As of Jan. 2024)

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La-Z-Boy's dividend payout ratio for the months ended in Jan. 2024 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: 0.16 Med: 0.23 Max: 0.28
Current: 0.28

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.

LZB's Dividend Payout Ratio is ranked better than
72.48% of 218 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.42 vs LZB: 0.28

As of today (2024-04-18), the Dividend Yield % of La-Z-Boy is 2.32%.

During the past 13 years, the highest Trailing Annual Dividend Yield of La-Z-Boy was 3.08%. The lowest was 0.23%. And the median was 1.47%.

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

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.

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.

The growth rate is calculated with least square regression.

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

La-Z-Boy Dividend Payout Ratio Historical Data

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.

* Premium members only.

La-Z-Boy Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Dividend Payout Ratio

0.26

0.27

0.16

0.19

0.20

La-Z-Boy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.25	0.23	0.29	0.29	0.30

Competitive 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 Distribution

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.

La-Z-Boy Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

La-Z-Boy's Dividend Payout Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Apr. 2023 )	/	EPS without NRI (A: Apr. 2023 )
	=	0.693	/	3.48
	=	0.20

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

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

In dividends investing, 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

Thank you for viewing the detailed overview of La-Z-Boy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (NYSE:LZB) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LAZ:Germany

Address

One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138

Website

https://www.la-z-boy.com

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