La-Z-Boy Incorporated (LZB) Ex-Dividend Date Scheduled for May 28, 2013

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La-Z-Boy Incorporated ( LZB ) will begin trading ex-dividend on May 28, 2013. A cash dividend payment of $0.04 per share is scheduled to be paid on June 10, 2013. Shareholders who purchased LZB stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LZB has paid the same dividend. At the current stock price of $18.73, the dividend yield is .85%.

The previous trading day's last sale of LZB was $18.73, representing a -4.88% decrease from the 52 week high of $19.69 and a 71.05% increase over the 52 week low of $10.95.

LZB is a part of the Consumer Durables sector, which includes companies such as Bed Bath & Beyond Inc. ( BBBY ) and Mohawk Industries, Inc. ( MHK ). LZB's current earnings per share, an indicator of a company's profitability, is $.89. Zacks Investment Research reports LZB's forecasted earnings growth in 2013 as -16.84%, compared to an industry average of 5.4%.

For more information on the declaration, record and payment dates, visit the LZB Dividend History page.

Interested in gaining exposure to LZB through an Exchange Traded Fund [ETF]?
The following ETF(s) have LZB as a top-10 holding:

  • Guggenheim Raymond James SB-1 Equity Fund ( RYJ ).

The top-performing ETF of this group is RYJ with an increase of 12.46% over the last 100 days. It also has the highest percent weighting of LZB at 0.72%.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: BBBY , LZB , MHK , RYJ

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