Feb. 26, 2014
- First quarter dividend is $.30 per share, an increase of 3.4% versus 1Q 2013
- Indicated dividend yield is 3.8%
- Annual dividends have increased for 43 consecutive years
Leggett & Platt's Board of Directors announced a dividend of
per share for the first quarter. The dividend will be paid on
April 15, 2014
to shareholders of record on
At an annual indicated dividend of
per share, the stock's dividend yield is 3.8%, based upon yesterday's closing stock price of
per share. Accordingly, Leggett & Platt possesses one of the highest dividend yields among the S&P 500.
A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 43 consecutive years at a compound annual growth rate of 13%, a record only one other S&P 500 company has achieved.
FOR MORE INFORMATION: Visit Leggett's website at
COMPANY DESCRIPTION: Leggett & Platt (NYSE: LEG) is a diversified manufacturer (and member of the S&P 500) that conceives, designs and produces a variety of engineered components and products that can be found in most homes, offices, and automobiles. The 131-year-old firm is comprised of 20 business units, 19,000 employee-partners, and 130 manufacturing facilities located in 18 countries.
Leggett & Platt is the leading U.S. manufacturer of: a) components for residential furniture and bedding; b) office furniture components; c) drawn steel wire; d) automotive seat support and lumbar systems; e) carpet underlay; f) adjustable bed bases; and g) bedding industry machinery.
: Investor Relations, (417) 358-8131 or
David M. DeSonier
, Senior Vice President of Strategy and Investor Relations-
Susan R. McCoy
, Staff Vice President of Investor Relations
SOURCE Leggett & Platt