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Stock impact report

La-Z-Boy (NYSE:LZB) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]

La-Z-Boy Incorporated (LZB) 
Last la-z-boy incorporated earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: lazboy.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Accordingly, La-Z-Boy investors that purchase the stock on or after the 5th of December will not receive the dividend, which will be paid on the 16th of December. The company's next dividend payment will be US$0.22 per share, on the back of last year when the company paid a total of US$0.80 to shareholders. Based on the last year's worth of payments, La-Z-Boy stock has a trailing yield of around 1.9% on the current share price of US$45.27. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. View our lates Show less Read more
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