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La-Z-Boy Incorporated Message Board

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  • bluecheese4u bluecheese4u Feb 19, 2008 7:07 PM Flag

    La-Z-Boy Reports Fiscal 2008 Third-Quarter Results

    La-Z-Boy Declares Quarterly Dividend
    Tuesday February 19, 4:26 pm ET

    MONROE, Mich., Feb. 19 /PRNewswire-FirstCall/ -- Directors of La-Z-Boy Incorporated (NYSE: LZB - News) declared a quarterly cash dividend on the company's common stock of $0.04 per share. The dividend is payable March 10, 2008 to shareholders of record as of February 29, 2008.

    The Board's decision to decrease the dividend from $0.12 to $0.04 reflects current industry conditions and its commitment to prudent cash management.

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