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La-Z-Boy Incorporated Declares Quarterly Dividend

1. La-Z-Boy declared a quarterly cash dividend of $0.22 per share. 2. The dividend is payable on June 16, 2025, to shareholders of record on June 3. 3. La-Z-Boy operates nearly 200 company-owned stores and over 360 total galleries. 4. The company continues to focus on quality and community impact. 5. Joybird, a subsidiary, specializes in modern upholstered furniture.

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FAQ

Why Bullish?

Dividends signal financial health; similar past announcements led to price increases.

How important is it?

Dividends attract investors, signaling stability and potential growth prospects for LZB.

Why Short Term?

Immediate shareholder sentiment may boost prices around the dividend payout date.

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SBHHBIHVT
MONROE, Mich., April 30, 2025 (GLOBE NEWSWIRE) -- La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today declared a quarterly cash dividend on the company’s common stock of $0.22 per share. The dividend will be paid on June 16, 2025 to shareholders of record as of June 3, 2025. Investor Relations Contact:Mark Becks, CFA, (734) 457-9538mark.becks@la-z-boy.com About La-Z-Boy:La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world - a mission that began when its founders invented the iconic recliner in 1927. Today, the company operates as a vertically integrated furniture retailer and manufacturer, committed to uncompromising quality and compassion for its consumers. The Retail segment consists of nearly 200 company-owned La-Z-Boy Furniture Galleries® stores and is part of a broader network of over 360 La-Z-Boy Furniture Galleries® that, with La-Z-Boy.com, serve customers nationwide. Joybird®, an e-commerce retailer and manufacturer of modern upholstered furniture, has 12 stores in the U.S. In the Wholesale segment, La-Z-Boy manufactures comfortable, custom furniture for its Furniture Galleries® and a variety of retail channels, England Furniture Co. offers custom upholstered furniture, and casegoods brands Kincaid®, American Drew®, and Hammary® provide pieces that make every room feel like home. To learn more, please visit: https://www.la-z-boy.com/.

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