Leggett & Platt (LEG) Raises Quarterly Dividend 6.3% to $0.34; 2.8% Yield

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Go back to Leggett & Platt (LEG) Raises Quarterly Dividend 6.3% to $0.34; 2.8% Yield

Leggett Announces $.02 Dividend Increase And Annual Meeting Results

May 17, 2016 11:18 AM EDT

CARTHAGE, Mo., May 17, 2016 /PRNewswire/ --

Second quarter dividend is $.34 per share, an increase of $.02 versus the first quarter 2016 Indicated dividend yield is 2.8%, one of the highest among the S&P 500 Dividend Aristocrats Annual Meeting addressed 3 items of business; voting aligned with Board recommendations

Leggett & Platt's Board of Directors announced a $.02 dividend increase, its largest quarterly dividend increase since 2007. The second quarter dividend of $.34 per share reflects 9.7%, or $.03, growth versus the $.31 per share dividend declared in the second quarter 2015.  The dividend will be paid on... More