La-Z-Boy Boosts Quarterly Cash Dividend By 10% From $0.1815 To $0.20 Per Share
Portfolio Pulse from Benzinga Newsdesk
La-Z-Boy has announced a 10% increase in its quarterly cash dividend, raising it from $0.1815 to $0.20 per share. The dividend is scheduled to be paid on December 18, 2023, to shareholders on record as of December 11, 2023.
November 29, 2023 | 10:01 pm
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La-Z-Boy has increased its quarterly dividend by 10%, which may be seen as a sign of financial strength and commitment to returning value to shareholders.
Dividend increases are typically viewed positively by the market as they suggest a company is confident in its financial stability and future earnings. This can lead to increased investor confidence and potentially a rise in stock price in the short term.
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