CARTHAGE, Mo., Feb. 21, 2017 /PRNewswire/ --
- First quarter dividend is $.34
per share, an increase of 6.3% versus 1Q 2016
- Indicated dividend yield is 2.8%
- Annual dividends have increased for 46 consecutive years
Leggett & Platt's Board of Directors announced a first
quarter dividend of $.34 per share,
an increase of $.02 per share or 6.3%
versus the first quarter of 2016. The dividend will be paid
on April 13, 2017 to shareholders of
record on March 15, 2017.
A member of Standard & Poor's Dividend Aristocrats, Leggett
& Platt has increased its annual dividend for 46 consecutive
years. At an annual indicated dividend of $1.36 per share, the dividend yield is 2.8% based
on Friday's closing stock price of $48.62 per share. Accordingly, Leggett
& Platt possesses one of the highest dividend yields among the
S&P 500 Dividend Aristocrats.
FOR MORE INFORMATION:
www.leggett.com
COMPANY DESCRIPTION: At Leggett & Platt (NYSE: LEG),
we create innovative products that enhance people's lives,
generate exceptional returns for our shareholders, and
provide sought-after jobs in communities around the world.
L&P is a 134 year-old diversified manufacturer that designs and
produces engineered products found in most homes and automobiles.
The company is comprised of 17 business units, 21,000
employee-partners, and 130 manufacturing facilities located in 19
countries.
Leggett & Platt is the leading U.S. manufacturer of: a)
components for bedding; b) components for residential furniture; c)
carpet cushion; d) adjustable bed bases; e) work furniture and
components; f) high-carbon drawn steel wire; g) automotive
seat support & lumbar systems; and h) bedding industry
machinery.
CONTACT: Investor Relations, (417)
358-8131 or invest@leggett.com
David M. DeSonier, Senior Vice
President of Corporate Strategy and Investor Relations
Susan R. McCoy, Vice President of
Investor Relations
Wendy M. Watson, Director of
Investor Relations
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SOURCE Leggett & Platt