Leggett & Platt Announces $.26 Quarterly Dividend
November 05 2009 - 10:21AM
PR Newswire (US)
CARTHAGE, Mo., Nov. 5 /PRNewswire-FirstCall/ -- -- 4Q dividend is
$.26 per share, an increase of 4% versus 4Q 2008. -- Indicated
dividend yield is 5.4% (based on yesterday's $19.29 closing stock
price). -- Dividends have increased for 38 consecutive years, at a
14% compound annual growth rate. Leggett & Platt's Board of
Directors announced a dividend of $.26 per share for the fourth
quarter. The dividend will be paid on January 15, 2010 to
shareholders of record on December 15, 2009. Leggett has increased
its annual dividend for 38 consecutive years, at an average
compound growth rate of 14%. The company knows of no other S&P
500 company that has achieved as long a string of consecutive
annual dividend increases at the growth rate Leggett has sustained.
FOR MORE INFORMATION: Visit Leggett's website at
http://www.leggett.com/. COMPANY DESCRIPTION: Leggett & Platt
(NYSE:LEG) is a FORTUNE 500 diversified manufacturer that
conceives, designs and produces a broad variety of engineered
components and products that can be found in most homes, offices,
and automobiles. The company serves a broad suite of customers that
comprise a "Who's Who" of U.S. manufacturers and retailers. The
126-year-old firm is comprised of 19 business units, 19,000
employee-partners, and more than 160 manufacturing facilities
located in 18 countries. Leggett & Platt is North America's
leading independent manufacturer of: a) components for residential
furniture and bedding; b) components for office furniture; c) drawn
steel wire; d) automotive seat support and lumbar systems; e)
carpet underlay; f) adjustable beds; and g) bedding industry
machinery for wire forming, sewing and quilting. CONTACT: Investor
Relations, (417) 358-8131 or David M. DeSonier, Vice President of
Strategy and Investor Relations Susan R. McCoy, Director of
Investor Relations DATASOURCE: Leggett & Platt CONTACT: David
M. DeSonier, Vice President of Strategy and Investor Relations, or
Susan R. McCoy, Director of Investor Relations, both of Leggett
& Platt Investor Relations, +1-417-358-8131, Web Site:
http://www.leggett.com/
Copyright
Leggett and Platt (NYSE:LEG)
Historical Stock Chart
From Dec 2024 to Jan 2025
Leggett and Platt (NYSE:LEG)
Historical Stock Chart
From Jan 2024 to Jan 2025