LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Leggett & Platt (NYSE: LEG) has announced its quarterly dividend for Q4 2024. The Board of Directors has declared a dividend of $0.05 per share, which will be paid on January 15, 2025 to shareholders of record on December 13, 2024. The company, established 141 years ago, is a diversified manufacturer specializing in engineered components for bedding, automotive, furniture, and aerospace industries.

Positive

Maintains consistent dividend payment policy
Demonstrates commitment to shareholder returns

Negative

Low dividend amount of $0.05 per share indicates potential financial constraints

News Market Reaction 1 Alert

-0.49% News Effect

On the day this news was published, LEG declined 0.49%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

11/07/2024 - 12:06 PM

CARTHAGE, Mo., Nov. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter 2024. The dividend will be paid on January 15, 2025 to shareholders of record on December 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