(From Leggett & Platt)Leggett & Platt's Board of Directors announced a dividend of $.44 per share for the first quarter, an increase of $.02 per share or 4.8% versus the first quarter of 2022. The dividend will be paid on April 14, 2023 to shareholders of record on March 15, 2023.
At an annual indicated dividend of $1.76 per share, the yield is 5.2%, based upon yesterday's closing stock price of $34.02 per share. Leggett & Platt has increased its annual dividend for 51 consecutive years and possesses one of the highest yields among the Dividend Kings.
1 comment:
What's next?
A few mistakes or adverse events, the stock price goes down to $3.40 per share, AND THEN THEY CAN BE THE ROYAL FLUSH OF DIVIDENDS?!
All good until it isn't!
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