CARTHAGE, Mo., Nov. 7, 2017 /PRNewswire/ --
- Fourth quarter dividend is $.36 per share, an increase of 5.9% versus 4Q 2016
- Indicated dividend yield is 3.1%
- Annual dividends have increased for 46 consecutive years
Leggett & Platt's Board of Directors announced a dividend of $.36 per share for the fourth quarter. The dividend will be paid on January 12, 2018 to shareholders of record on December 15, 2017.
At an annual indicated dividend of $1.44 per share, the stock's dividend yield is 3.1%, based upon yesterday's closing stock price of $45.86 per share.
A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 46 consecutive years. 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 134 year-old diversified manufacturer that designs and produces engineered products found in most homes and automobiles. The company is comprised of 15 business units, 22,000 employee-partners, and 120 manufacturing facilities located in 19 countries.
Leggett & Platt is the leading U.S. manufacturer of: a) bedding components; b) automotive seat support and lumbar systems; c) components for home furniture and work furniture; d) carpet cushion; e) adjustable beds; f) high-carbon drawn steel wire; and g) bedding industry machinery.
CONTACT: Investor Relations, (417) 358-8131 or firstname.lastname@example.org
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
View original content with multimedia:http://www.prnewswire.com/news-releases/leggett--platt-announces-quarterly-dividend-of-36-300551028.html
SOURCE Leggett & Platt