CARTHAGE, Mo., Aug. 6, 2019 /PRNewswire/ --
- Third quarter dividend is $.40
per share, an increase of 5.3% versus 3Q 2018
- Indicated dividend yield is 4.3%
- Annual dividends have increased for 48 consecutive years
Leggett & Platt's Board of Directors announced a dividend of
$.40 per share for the third quarter,
an increase of $.02 per share or 5.3%
versus the third quarter of 2018. The dividend will be paid
on October 15, 2019 to shareholders
of record on September 13, 2019.
A member of Standard & Poor's Dividend Aristocrats, Leggett
& Platt has increased its annual dividend for 48
consecutive years, a record that only ten S&P 500 companies
currently exceed. At an annual indicated dividend of
$1.60 per share, the yield is 4.3%,
based upon yesterday's closing stock price of $37.62 per share. Accordingly, Leggett
& Platt possesses one of the highest dividend yields among the
S&P 500 Dividend Aristocrats.
FOR MORE INFORMATION: Visit Leggett's website at
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 136-year-old diversified manufacturer that designs and
produces engineered products found in most homes and automobiles.
The company is comprised of 15 business units, 23,000
employee-partners, and 145 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; g) high-carbon
drawn steel wire; and h) bedding industry machinery.
CONTACT: Investor Relations, (417)
358-8131 or invest@leggett.com
Susan R. McCoy, Senior Vice
President of Investor Relations
Wendy M. Watson, Director of
Investor Relations
Cassie J. Branscum, Manager of
Investor Relations
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SOURCE Leggett & Platt