Wednesday, August 09, 2023

Leggett & Platt announces quarterly dividend of 46 cents


(From Leggett & Platt)

Leggett & Platt's Board of Directors announced a dividend of $.46 per share for the third quarter, an increase of $.02 per share or 4.5% versus the third quarter of 2022. The dividend will be paid on October 13, 2023 to shareholders of record on September 15, 2023.

At an annual indicated dividend of $1.84 per share, the yield is 6.2%, based upon yesterday's closing stock price of $29.69 per share. Leggett & Platt has increased its annual dividend for 52 consecutive years and possesses one of the highest yields among the Dividend Kings.

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