Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.
Leggett & Platt Dividend Announcement
• Leggett & Platt announced a quarterly dividend of $0.05 per ordinary share which will be made payable on 2025-01-15. Ex dividend date: 2024-12-13
• Leggett & Platt annual dividend for 2024 was $0.61
• Leggett & Platt annual dividend for 2023 was $1.82
• Leggett & Platt 's trailing twelve-month (TTM) dividend yield is 8.51%
• Leggett & Platt 's payout ratio for the trailing twelve months (TTM) is -23.20%
• Leggett & Platt 's dividend growth over the last five years (2018-2023) was 3.94% year
• Leggett & Platt 's dividend growth over the last ten years (2013-2023) was 4.43% year
Leggett & Platt Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.05 | quarterly | 2025-01-15 |
2024-09-13 | $0.05 | quarterly | 2024-10-15 |
2024-06-14 | $0.05 | quarterly | 2024-07-15 |
2024-03-14 | $0.46 | quarterly | 2024-04-15 |
2023-12-14 | $0.46 | quarterly | 2024-01-12 |
2023-09-14 | $0.46 | quarterly | 2023-10-13 |
2023-06-14 | $0.46 | quarterly | 2023-07-14 |
2023-03-14 | $0.44 | quarterly | 2023-04-14 |
2022-12-14 | $0.44 | quarterly | 2023-01-13 |
2022-09-14 | $0.44 | quarterly | 2022-10-14 |
2022-06-14 | $0.44 | quarterly | 2022-07-15 |
2022-03-14 | $0.42 | quarterly | 2022-04-15 |
2021-12-14 | $0.42 | quarterly | 2022-01-14 |
2021-09-14 | $0.42 | quarterly | 2021-10-15 |
2021-06-14 | $0.42 | quarterly | 2021-07-15 |
2021-03-12 | $0.40 | quarterly | 2021-04-15 |
2020-12-14 | $0.40 | quarterly | 2021-01-15 |
2020-09-14 | $0.40 | quarterly | 2020-10-15 |
2020-06-12 | $0.40 | quarterly | 2020-07-15 |
2020-03-12 | $0.40 | quarterly | 2020-04-15 |
2019-12-12 | $0.40 | quarterly | 2020-01-15 |
2019-09-12 | $0.40 | quarterly | 2019-10-15 |
2019-06-13 | $0.40 | quarterly | 2019-07-15 |
2019-03-14 | $0.38 | quarterly | 2019-04-15 |
2018-12-13 | $0.38 | quarterly | 2019-01-15 |
2018-09-21 | $0.38 | quarterly | 2018-10-15 |
2018-06-14 | $0.38 | quarterly | 2018-07-13 |
2018-03-14 | $0.36 | quarterly | 2018-04-13 |
2017-12-14 | $0.36 | quarterly | 2018-01-12 |
2017-09-14 | $0.36 | quarterly | 2017-10-13 |
2017-06-13 | $0.36 | quarterly | 2017-07-14 |
2017-03-13 | $0.34 | quarterly | 2017-04-13 |
2016-12-13 | $0.34 | quarterly | 2017-01-13 |
2016-09-13 | $0.34 | quarterly | 2016-10-14 |
2016-06-13 | $0.34 | quarterly | 2016-07-15 |
2016-03-11 | $0.32 | quarterly | 2016-04-15 |
2015-12-11 | $0.32 | quarterly | 2016-01-15 |
2015-09-11 | $0.32 | quarterly | 2015-10-15 |
2015-06-11 | $0.31 | quarterly | 2015-07-15 |
2015-03-11 | $0.31 | quarterly | 2015-04-15 |
2014-12-11 | $0.31 | quarterly | 2015-01-15 |
2014-09-11 | $0.31 | quarterly | 2014-10-15 |
2014-06-11 | $0.30 | quarterly | 2014-07-15 |
2014-03-12 | $0.30 | quarterly | 2014-04-15 |
2013-12-11 | $0.30 | quarterly | 2014-01-15 |
2013-09-11 | $0.30 | quarterly | 2013-10-15 |
2013-06-12 | $0.29 | quarterly | 2013-07-15 |
2013-03-13 | $0.29 | quarterly | 2013-04-15 |
Leggett & Platt Dividend per year
Leggett & Platt Dividend growth
Leggett & Platt Dividend Yield
Leggett & Platt current trailing twelve-month (TTM) dividend yield is 8.51%. Interested in purchasing Leggett & Platt stock? Use our calculator to estimate your expected dividend yield:
Leggett & Platt Financial Ratios
Leggett & Platt Dividend FAQ
Other factors to consider when evaluating Leggett & Platt as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Leggett & Platt 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Leggett & Platt publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Leggett & Platt distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Leggett & Platt are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Leggett & Platt sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Leggett & Platt distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Leggett & Platt declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Leggett & Platt 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Leggett & Platt 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.