Michigan based home furnishing La-Z-Boy Incorporated declared a quarterly cash dividend on the company's common stock of $0.11 per share. The dividend is payable September 9, 2005 to shareholders of record as of August 30, 2005.
With annual sales of over $2 billion, La-Z-Boy Incorporated is one of the world's leading residential furniture producers, marketing furniture for every room of the home, as well as for the hospitality, health care and assisted- living industries. The La-Z-Boy Upholstery Group companies are Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, and Sam Moore. The La-Z-Boy Casegoods Group companies are American Drew, American of Martinsville, Hammary, Kincaid, Lea and Pennsylvania House.
US based La-Z-Boy first introduced the recliner in 1928. Over the subsequent decades, product line (rug, sofa and many other brands) has grown to include a myriad of pieces and styles, and brand name has become highly recognized across the country and around the globe. But throughout our history, one fact has remained constant: The La-Z-Boy brand name is synonymous with comfort and quality.