LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05

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

News Market Reaction – LEG

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In the trading session that priced this news, LEG declined 1.02%, reflecting a mild negative market reaction.

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CARTHAGE, Mo., Aug. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter 2024. The dividend will be paid on October 15, 2024 to shareholders of record on September 13, 2024.

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

 

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SOURCE Leggett & Platt Incorporated

FAQ

What is Leggett & Platt's (LEG) dividend amount for Q3 2024?

Leggett & Platt (LEG) has declared a dividend of $0.05 per share for the third quarter of 2024.

When will Leggett & Platt (LEG) pay its Q3 2024 dividend?

Leggett & Platt (LEG) will pay its Q3 2024 dividend on October 15, 2024.

What is the record date for Leggett & Platt's (LEG) Q3 2024 dividend?

The record date for Leggett & Platt's (LEG) Q3 2024 dividend is September 13, 2024.

What are the main product categories of Leggett & Platt (LEG)?

Leggett & Platt (LEG) manufactures bedding components, automotive seat systems, furniture components, geo components, flooring underlayment, hydraulic cylinders, and aerospace tubing and assemblies.