Leggett & Platt (LEG) Lowers Quarterly Dividend 89.1% to $.05; 1.1% Yield

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Go back to Leggett & Platt (LEG) Lowers Quarterly Dividend 89.1% to $.05; 1.1% Yield

LEGGETT & PLATT REPORTS 1Q RESULTS, ANNOUNCES 2Q DIVIDEND OF $.05 AND UPDATES CAPITAL ALLOCATION PRIORITIES

April 30, 2024 4:10 PM EDT

CARTHAGE, Mo., April 30, 2024 /PRNewswire/ -- 

1Q sales of $1.1 billion, a 10% decrease vs 1Q231Q EPS and adjusted1 EPS of $.23, a decrease of $.16 vs 1Q23Board declared second quarter dividend of $.05 per shareCompany updated capital allocation priorities2024 sales and EPS guidance unchanged: sales of $4.35$4.65 billion; EPS of $.95$1.25 and adjusted1 EPS of... More