CARTHAGE, Mo., May 4, 2023
/PRNewswire/ --
- Increased second quarter dividend by $.02, or 4.5%, to $.46 per share
- Indicated dividend yield is 5.7%
- Annual dividends have increased for 52 consecutive years
Leggett & Platt's Board of Directors announced a dividend of
$.46 per share for the second
quarter, an increase of $.02 per
share or 4.5% versus the dividend declared in the second quarter of
2022. The dividend will be paid on July 14,
2023 to shareholders of record on June 15, 2023.
At an annual indicated dividend of $1.84 per share, the yield is 5.7%, based upon
yesterday's closing stock price of $32.25 per share. Leggett & Platt has
increased its annual dividend for 52 consecutive years and
possesses one of the highest yields among the Dividend
Kings.
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 many
homes and automobiles. The 140-year-old Company is comprised of 15
business units, approximately 20,000 employees, and 135
manufacturing facilities located in 18 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
Kolina A. Talbert, Manager of
Investor Relations
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SOURCE Leggett & Platt