LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05
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Rhea-AI Summary
Leggett & Platt (NYSE: LEG) has announced a quarterly dividend of $0.05 per share for the third quarter of 2024. The dividend will be paid on October 15, 2024, to shareholders of record on September 13, 2024. Leggett & Platt, a 141-year-old diversified manufacturer, is a leading supplier of various engineered components found in homes and automobiles. The company specializes in bedding components, automotive seat systems, furniture components, and other products for industries including aerospace and material handling.
Positive
- Consistent dividend payment, indicating financial stability
- Diversified product portfolio across multiple industries
- Long-standing company with 141 years of operation
Negative
- Low dividend amount of $0.05 per share may indicate financial constraints or conservative cash management
Details
News Market Reaction – LEG
The recorded move for LEG in the trading session of this news was -1.02%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com.
COMPANY DESCRIPTION: Leggett & Platt (NYSE: LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture components; geo components; flooring underlayment; hydraulic cylinders for material handling and heavy construction applications; and aerospace tubing and fabricated assemblies.
CONTACT: Investor Relations, (417) 358-8131 or invest@leggett.com
Cassie J. Branscum, Vice President, Investor Relations
Kolina A. Talbert, Manager, Investor Relations
View original content to download multimedia:https://www.prnewswire.com/news-releases/leggett--platt-announces-quarterly-dividend-of-05-302216815.html
SOURCE Leggett & Platt Incorporated
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