La-Z-Boy, Inc. Dividend Stock Review New York Stock Exchange
La-Z-Boy, Inc. (LZB) Dividend Details and dates on New York Stock Exchange
La-Z-Boy, Inc. is a manufacturer, marketer, importer, distributor and retailer of upholstery products. It also imports, distribute and retail accessories and casegoods furniture products. The company operates through its segments: Upholstery, Casegoods and Retail. The Upholstery segment manufactures or imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas. The Casegoods segment includes bedroom sets, dining room sets, entertainment centers and occasional pieces. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to the end consumer through the retail network. La-Z-Boy was founded by Edward M. Knabusch and Edwin J. Shoemaker in 1941 and is headquartered in Monroe, MI.
Consumer Durables Home Furnishings
Based on score of 54% we would not recommend La-Z-Boy, Inc. ( LZB ) for investing for dividend growth and capital gains.
Dividend income advisory for LZB
Dividend Yield for LZB
The expected yield for LZB is 1.42 %, which can be considered at the lower side, after taxation the dividend will return barely more than inflation.
How is LZB priced
LZB has a trailing price to earnings ratio (P/E) of 15.99. The ratio is determined by the performance in the last 12 months. The P/E ratio is smaller than 20, which we consider a healthly ratio.
Debt to equity of LZB
With the Debt To Equity rate of LZB (0) we can conclude that La-Z-Boy, Inc. does not seem to have more liabilities than equity provided by the shareholders. A lower D/E ratio stands for a less risky investment.
Price Prediction for LZB
On average analists predict that LZB will be correctly priced after a 6%. change. We can expect some long term capital gains.
Upcoming Dividends for LZB
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Dividends in past 12 months LZB
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Historical Dividends & Cap Growth for LZB
Past 5 Year Capital Gains 30.78 %
Dividend yield 8.29 %
Growth including dividends 39.07%
Latest news for LZB
2019-03-20 McDonald’s giving away La-Z-Boy couch with McFlurry cooler
McDonald’s has your back — literally. The fast food chain has revealed it wants to keep you at home and ordering food by partnering up with La-Z-Boy furniture and UberEats, which delivers McDonald’s food, for the ultimate giveaway in indoor comfort, the “McDelivery Couch.” The white four-person couch aims to keep you indoors with reclining…
Original Article @ New York Post
Dividend Stats For LZB
- Current Dividend Yield 1.42%
- Past Year Payout: 0.5 USD
- Next Ex Dividend 2019-05-29
- Next Payment: 0.13 USD
- Our score 54 %