LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.44

Rhea-AI Summary

Leggett & Platt announced a third quarter dividend of $.44 per share, marking a 4.8% increase from the same period last year. This dividend will be distributed on October 14, 2022 to shareholders recorded by September 15, 2022. With an annual indicated dividend of $1.76 per share, the company boasts a dividend yield of 4.3%, based on a closing stock price of $40.51. Leggett & Platt has achieved an impressive 51 consecutive years of dividend increases, reinforcing its status among the Dividend Kings.

Positive

• Dividend increase of 4.8% to $.44 per share.
• Annual indicated dividend of $1.76 per share.
• Dividend yield stands at 4.3%.
• 51 consecutive years of annual dividend increases.

Negative

• None.

CARTHAGE, Mo., Aug. 9, 2022 /PRNewswire/ --

• Third quarter dividend is $.44 per share, an increase of 4.8% versus 3Q 2021
• Indicated dividend yield is 4.3%
• Annual dividends have increased for 51 consecutive years

Leggett & Platt's Board of Directors announced a dividend of $.44 per share for the third quarter, an increase of $.02 per share or 4.8% versus the third quarter of 2021. The dividend will be paid on October 14, 2022 to shareholders of record on September 15, 2022.

At an annual indicated dividend of $1.76 per share, the yield is 4.3%, based upon yesterday's closing stock price of $40.51 per share. Leggett & Platt has increased its annual dividend for 51 consecutive years and possesses one of the highest yields among the Dividend Kings.

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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 139-year-old Company is comprised of 15 business units, approximately 20,000 employees, and 130 manufacturing facilities located in 17 countries. 

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

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SOURCE Leggett & Platt

FAQ

What is the dividend amount for Leggett & Platt in Q3 2022?

Leggett & Platt announced a dividend of $.44 per share for Q3 2022.

When will the dividend for Leggett & Platt be paid?

The dividend will be paid on October 14, 2022.

What is the annual dividend yield for Leggett & Platt?

The annual indicated dividend yield for Leggett & Platt is 4.3%.

How long has Leggett & Platt been increasing its dividends?

Leggett & Platt has increased its annual dividends for 51 consecutive years.