MONROE, Mich., May 10 /PRNewswire-FirstCall/ -- Directors of La-Z-Boy Incorporated (NYSE: LZB, PCX) today declared a quarterly cash dividend on the company's common stock of $0.11 per share. The dividend is payable June 10, 2005 to shareholders of record as of May 27, 2005.

With annual sales of $2 billion, La-Z-Boy Incorporated is one of the world's leading residential furniture producers and marketers. La-Z-Boy's operating units produce furniture for every room of the home and office, and the company is also a leading manufacturer of hospitality and assisted-living contract furniture and specialized health care seating. The La-Z-Boy Incorporated Upholstery Group family of companies includes Bauhaus, Centurion, Clayton Marcus, England, La-Z-Boy, and Sam Moore, while the Casegoods Group companies are American Drew, American of Martinsville, Hammary, Kincaid, Lea and Pennsylvania House.

Additional information about the company is available at http://www.la-z-boy.com , and an e-mail service which provides notification of new news releases, SEC filings and investor conference calls is available at: http://www.la-z-boy.com/about/investorRelations/IR_email_alerts.aspx

SOURCE  La-Z-Boy Incorporated
    -0-                             05/10/2005
    /CONTACT:  Mark Stegeman of La-Z-Boy Incorporated, +1-734-241-4418, or
mark.stegeman@la-z-boy.com /
    /Web site:  http://www.la-z-boy.com /
    (LZB)

CO:  La-Z-Boy Incorporated
ST:  Michigan
IN:  HOU REA
SU:  DIV

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8829 05/10/2005 15:59 EDT http://www.prnewswire.com