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LZB (La-Z-Boy) Dividend Payout Ratio : 0.24 (As of Apr. 2025)


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What is La-Z-Boy Dividend Payout Ratio?

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. 2025 was 0.24.

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: 0.24   Max: 0.29
Current: 0.29

During the past 13 years, the highest Dividend Payout Ratio of La-Z-Boy was 0.29. The lowest was 0.14. And the median was 0.24.

LZB's Dividend Payout Ratio is ranked better than
72.95% of 207 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.51 vs LZB: 0.29

As of today (2025-07-24), the Dividend Yield % of La-Z-Boy is 2.22%.

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 1.61%.

La-Z-Boy's Dividends per Share for the months ended in Apr. 2025 was $0.22.

During the past 12 months, La-Z-Boy's average Dividends Per Share Growth Rate was 10.10% 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 13.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.80% 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 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 Dividend Payout Ratio Chart

La-Z-Boy Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.19 0.20 0.27 0.29

La-Z-Boy Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 0.22 0.32 0.28 0.32 0.24

Competitive Comparison of La-Z-Boy's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.


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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. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Apr. 2025 )/ EPS without NRI (A: Apr. 2025 )
=0.84/ 2.92
=0.29

La-Z-Boy's Dividend Payout Ratio for the quarter that ended in Apr. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2025 )/ EPS without NRI (Q: Apr. 2025 )
=0.22/ 0.92
=0.24

* 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 (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

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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (NYSE:LZB) » Definitions » Dividend Payout Ratio
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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.
Executives
Janet Kerr director 50 CASTILIAN DR, GOLETA CA 93117
Jennifer Lynn Mccurry officer: Chief Accounting Officer ONE LA-Z-BOY DRIVE, MONROE MI 48162
Michael Adam Leggett officer: Sr VP & Chief Supply Chain Off 1 LA-Z-BOY DRIVE, MONROE MI 48162
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
Carol Young Lee officer: VP & Chief Information Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson officer: President Int'l & Joybird 6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Terrence James Linz officer: President, La-Z-Boy Retail 1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy officer: SVP & Chief Commercial Officer 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