Leggett & Platt Announces Quarterly Dividend Of $.42
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Leggett & Platt has declared a fourth quarter dividend of $.42 per share, marking a 5% increase from Q4 2020. The dividend is set for payment on January 14, 2022, to shareholders recorded by December 15, 2021. This announcement highlights the company's commitment to returning value to shareholders, as it has raised its annual dividend for 50 consecutive years. With an annual indicated dividend yield of 3.8%, Leggett & Platt remains a strong performer among S&P 500 Dividend Aristocrats.
Positive
- Quarterly dividend increased by 5% to $.42 per share.
- Annual dividends have increased for 50 consecutive years.
- Indicated dividend yield stands at 3.8%, based on recent stock price.
Negative
- None.
Details
News Market Reaction – LEG
The recorded move for LEG in the trading session of this news was -1.83%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CARTHAGE, Mo., Nov. 9, 2021 /PRNewswire/ ---
- Fourth quarter dividend is $.42 per share, an increase of
5% versus 4Q 2020 - Indicated dividend yield is
3.8% - Annual dividends have increased for 50 consecutive years
Leggett & Platt's Board of Directors announced a dividend of $.42 per share for the fourth quarter, an increase of $.02 per share or
A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 50 consecutive years, a record that only ten S&P 500 companies currently exceed. At an annual indicated dividend of
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 most homes and automobiles. The 138-year-old Company is comprised of 15 business units, approximately 20,000 employees, and over 130 manufacturing facilities located in 18 countries. Leggett & Platt is a member of the S&P 500 and the S&P 500 Dividend Aristocrats, and is one of Fortune's World's Most Admired Companies.
Leggett & Platt is the leading U.S.-based manufacturer of: a) bedding components; b) automotive seat support and lumbar systems; c) specialty bedding foams and private label finished mattresses; d) components for home furniture and work furniture; e) flooring underlayment; f) adjustable beds; and g) bedding industry machinery.
CONTACT: Investor Relations, (417) 358-8131 or invest@leggett.com
Susan R. McCoy, Senior Vice President of Investor Relations
Cassie J. Branscum, Senior Director of Investor Relations
View original content to download multimedia:https://www.prnewswire.com/news-releases/leggett--platt-announces-quarterly-dividend-of-42-301420179.html
SOURCE Leggett & Platt
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.