PR Newswire
CARTHAGE, Mo., Feb. 24, 2016
CARTHAGE, Mo., Feb. 24, 2016 /PRNewswire/ --
Leggett & Platt's Board of Directors announced a dividend of $.32 per share for the first quarter. The dividend will be paid on April 15, 2016 to shareholders of record on March 15, 2016.
At an annual indicated dividend of $1.28 per share, the stock's dividend yield is 2.9%, based upon yesterday's closing stock price of $44.23 per share.
A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 45 consecutive years at a compound annual growth rate of 13%, a record only one other S&P 500 company has matched.
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 133 year-old diversified manufacturer that designs and produces engineered products found in most homes and automobiles. The company is comprised of 17 business units, 20,000 employee-partners, and 130 manufacturing facilities located in 19 countries.
Leggett & Platt is the leading U.S. manufacturer of: a) components for residential furniture and bedding; b) carpet cushion; c) adjustable bed bases; d) work furniture and components; e) high-carbon drawn steel wire; f) automotive seat support & lumbar systems; and g) bedding industry machinery.
CONTACT: Investor Relations, (417) 358-8131 or [email protected]
David M. DeSonier, Senior Vice President of Corporate Strategy and Investor Relations
Susan R. McCoy, Vice President of Investor Relations
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/leggett--platt-announces-quarterly-dividend-of-32-300225470.html
SOURCE Leggett & Platt
We use cookies to tailor your experience, measure site performance and present relevant offers and advertisements. By clicking ‘Accept’ or any content on this site, you agree that cookies can be placed on your browser. You can view our privacy policy to learn more.
If you would like to get more data, alerts and access to Real Vision videos, join us as an Insider Tracking Advantage Ultra member