Company profiles · Lumber, Paper & Furniture

La-Z-Boy (LZB): US–Canada Tariff Exposure, Government Contracts, and Risk

WINNERWATCH TIER
Last close · Oct 30$30.44 −5.9% since report
Report price · Aug 28, 2026 close$32.34
Market cap$1.30B
52-wk range29.03–44.90
Dividend · quarterly$0.968/yr 3.18% · next expected Dec

Why it’s on the map

US-made upholstery: Canadian upholstered furniture faces 25% Section 232 (→30% Jan 2027); Canadian furniture not already under §232 faces 50% under §338 (the §338 proclamation excludes §232 goods).

Government money & contracts

None.

Customers & commercial

Retail.

Catalysts

Written sales +16%.

Risk

Fell 16% on revenue miss — demand is the constraint, not imports.

Tariff durability

232 + 338.

Dividend · #10 of 47 payers by yield
3.18% yield
$0.968 a share a year · quarterly · pays Mar · Jun · Sept · Dec
All payers ranked →
Per payment$0.242a share, 4× a year
Next payoutexpected Decnot yet declared
Last ex-dateSept 3, 2026own it before the ex-date to collect
Last paidSept 15, 2026$0.242 a share
Payout ratio48%of earnings · well covered
Raised5 yrsconsecutive years of increases
Shares at the Oct 30 close of $30.4432.85
Each payment$7.95
Per year · 4 payments$31.80
Recent payments
Ex-datePaidPer share
Sept 3, 2026Sept 15, 2026$0.242
Jun 2, 2026Jun 15, 2026$0.242
Mar 3, 2026Mar 13, 2026$0.242
Dec 4, 2025Dec 15, 2025$0.242
Sept 4, 2025Sept 15, 2025$0.22before the raise

Yield = $0.242 × 4 ÷ the Oct 30 close of $30.44. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source