La-Z-Boy Declares Quarterly Dividend
La-Z-Boy has declared a quarterly cash dividend of $0.15 per share, payable on June 15, 2021, to shareholders of record by June 1, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
La-Z-Boy has declared a quarterly cash dividend of $0.15 per share, payable on June 15, 2021, to shareholders of record by June 1, 2021. This announcement highlights the company's ongoing commitment to returning value to its shareholders amidst its operations in furniture production and retail.
Positive
- Quarterly cash dividend of $0.15 per share announced.
- Dividend payment date set for June 15, 2021.
Negative
- None.
Details
News Market Reaction – LZB
The recorded move for LZB in the trading session of this news was -1.28%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MONROE, Mich., May 04, 2021 (GLOBE NEWSWIRE) -- Directors of La-Z-Boy Incorporated (NYSE: LZB) declared a quarterly cash dividend on the company’s common stock of
Additional Information
This news release is just one part of La-Z-Boy’s financial disclosures and should be read in conjunction with other information filed with the Securities and Exchange Commission, which is available at: https://lazboy.gcs-web.com/financial-information/sec-filings. Investors and others wishing to be notified of future La-Z-Boy news releases, SEC filings and quarterly investor conference calls may sign up at: https://lazboy.gcs-web.com/.
Background Information
La-Z-Boy Incorporated is one of the world’s leading residential furniture producers, marketing furniture for every room of the home. The Wholesale segment includes England, La-Z-Boy, American Drew®, Hammary®, and Kincaid®. The company-owned Retail segment includes 158 of the 351 La-Z-Boy Furniture Galleries® stores. Joybird is an e-commerce retailer and manufacturer of upholstered furniture.
The corporation’s branded distribution network is dedicated to selling La-Z-Boy Incorporated products and brands, and includes 351 stand-alone La-Z-Boy Furniture Galleries® stores and 563 independent Comfort Studio® locations, in addition to in-store gallery programs for the company’s Kincaid and England operating units. Additional information is available at http://www.la-z-boy.com/.
| Contact: Kathy Liebmann | (734) 241-2438 | kathy.liebmann@la-z-boy.com |
FAQ
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