LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.44

Rhea-AI Summary

Leggett & Platt announced a fourth quarter dividend of $.44 per share, marking a 4.8% increase from Q4 2021. This dividend, payable on January 13, 2023, reflects the company’s commitment to shareholders, as it has raised annual dividends for 51 consecutive years. The indicated annual dividend yield is 5.1%, based on the closing price of $34.45 per share, further solidifying its position among the Dividend Kings.

Positive

• 4.8% increase in fourth quarter dividend per share compared to Q4 2021.
• Indicated annual dividend yield of 5.1%.
• 51 consecutive years of annual dividend increases.

Negative

• None.

CARTHAGE, Mo., Nov. 18, 2022 /PRNewswire/ -- 

• Fourth quarter dividend is $.44 per share, an increase of 4.8% versus 4Q 2021
• Indicated dividend yield is 5.1%
• Annual dividends have increased for 51 consecutive years

Leggett & Platt's Board of Directors announced a dividend of $.44 per share for the fourth quarter, an increase of $.02 per share or 4.8% versus the fourth quarter of 2021. The dividend will be paid on January 13, 2023 to shareholders of record on December 15, 2022.

At an annual indicated dividend of $1.76 per share, the yield is 5.1%, based upon yesterday's closing stock price of $34.45 per share. Leggett & Platt has increased its annual dividend for 51 consecutive years and possesses one of the highest yields among the Dividend Kings.

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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 most homes and automobiles. The 139-year-old Company is comprised of 15 business units, approximately 20,000 employees, and over 130 manufacturing facilities located in 17 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

 

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SOURCE Leggett & Platt

FAQ

What is the dividend amount announced by Leggett & Platt for Q4 2022?

Leggett & Platt announced a dividend of $.44 per share for Q4 2022.

When will Leggett & Platt's Q4 2022 dividend be paid?

The dividend will be paid on January 13, 2023.

What is the indicated dividend yield for Leggett & Platt?

The indicated dividend yield is 5.1%.

How many consecutive years has Leggett & Platt increased its dividends?

Leggett & Platt has increased its annual dividends for 51 consecutive years.