Aug. 5, 2014
- 3Q dividend increased by $.01, or 3.3%, to $.31 per share
- Indicated dividend yield is 3.7%
- Dividends have increased for 43 consecutive years
Leggett & Platt's Board of Directors announced today that they are raising the company's quarterly dividend by
per share, or 3.3%, to
per share for the third quarter. The dividend will be paid on
October 15, 2014
to shareholders of record on
September 15, 2014
At an annual indicated dividend of
per share, the stock's dividend yield is 3.7%, based upon yesterday's closing stock price of
The company has increased its annual dividend for 43 consecutive years, at a 13% compound average growth rate. Notably, only 11 members of the S&P 500 have a longer string of consecutive annual dividend increases. In addition, Leggett & Platt possesses one of the highest dividend yields among the S&P 500's Dividend Aristocrats.
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 broad variety of engineered components and products found in most homes, offices, and automobiles. The 131-year-old firm is comprised of 19 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 Corporate Strategy and Investor Relations
Susan R. McCoy
, Staff Vice President of Investor Relations
SOURCE Leggett & Platt