La-Z-Boy Incorporated (NYSE:LZB) Updates On Dividend Release Date


On 2016-05-04, La-Z-Boy Incorporated (NYSE:LZB) confirmed the dividend disbursement of $0.1 a share to shareholders as on record 2016-05-25. The firm will release dividend on 2016-06-10 while ex-dividend date is reported to be 2016-05-23.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, La-Z-Boy Incorporated (NYSE:LZB) paid a total of $0.1 per share in dividends. This figure stood at $0.1 a share in the same period a year ago indicating a deviation of 28.5714%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $30.666 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $31 and $30, respectively.

Taking the mathematical rating formula, the price for La-Z-Boy Incorporated (NYSE:LZB) stands at 1.4. Earnings Review La-Z-Boy Incorporated (NYSE:LZB) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-08-23. For the period ending on 2016-07-31, experts are expecting EPS of $0.29.

Coming to the quarter ending on 2016-04-30, La-Z-Boy Incorporated (NYSE:LZB) recorded EPS of $0.52. The reported numbers came lower than the analysts’ estimates of $0.48, demonstrating a miss of $0.04 as against reported figures.

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