La-Z-Boy Lifts Its Dividend 10% Higher

On the back of a quarter that beat analysts’ expectations for profitability, La-Z-Boy (NYSE: LZB) is increasing its quarterly shareholder payout by 10%. The company has declared a dividend of $0.11 per share, $0.01 higher than its predecessor. Since re-initiating its payout at the rate of $0.04 per share in late 2012, after a suspension that began amid last decade’s financial crisis, La-Z-Boy has been a reliable dividend payer. …read more

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Category: LZB

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