How To Earn $500 A Month From La-Z-Boy Stock Ahead Of Q1 Earnings
Portfolio Pulse from Avi Kapoor
La-Z-Boy Incorporated (NYSE:LZB) is set to release its Q1 earnings, with expectations of a slight decrease in EPS compared to last year. The company offers a dividend yield of 1.86%, translating to a quarterly dividend of 20 cents per share. Investors would need to own 7,500 shares to earn $500 monthly from dividends. The stock recently closed at $42.91, up 2.3%.
August 20, 2024 | 12:06 pm
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La-Z-Boy is expected to report Q1 earnings with a slight decrease in EPS. The company offers a 1.86% dividend yield, requiring 7,500 shares for $500 monthly income. The stock recently gained 2.3%, closing at $42.91.
La-Z-Boy's upcoming earnings report and its dividend yield are key points of interest for investors. The slight decrease in expected EPS may not significantly impact the stock negatively, especially given the recent positive price action. The dividend yield provides a stable income opportunity, which could attract income-focused investors, potentially supporting the stock price.
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