Article Number : 7336 |
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| Date | 2/24/2012 8:36:50 AM |
| Written By | LGM & Associates Technical Flooring Services |
| View this article at: | //floorbiz.com/BizResources/NPViewArticle.asp?ArticleID=7336 |
| Abstract | CARTHAGE, Mo., Feb. 23, 2012 /PRNewswire via COMTEX/ -- First quarter dividend is $.28 per share, an increase of 3.7% versus 1Q 2011... |
| Article | CARTHAGE, Mo., Feb. 23, 2012 /PRNewswire via COMTEX/ -- First quarter dividend is $.28 per share, an increase of 3.7% versus 1Q 2011. Indicated dividend yield is 5.1%, based upon yesterday's closing price. Dividends have increased for 41 consecutive years at more than a 13% compound growth rate. Leggett & Platt's Board of Directors announced a dividend of $.28 per share for the first quarter, a 3.7% increase versus the dividend declared in the first quarter 2011. The dividend will be paid on April 13, 2012 to shareholders of record on March 15, 2012. A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 41 consecutive years at an average compound growth rate of over 13%, a record extremely few S&P 500 companies have attained. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com . COMPANY DESCRIPTION: Leggett & Platt LEG +1.78% is a diversified manufacturer (and member of the S&P 500) that conceives, designs and produces a broad variety of engineered components and products that can be found in most homes, offices, and automobiles. The company serves a broad suite of customers that comprise a "Who's Who" of U.S. manufacturers and retailers. The 129-year-old firm is comprised of 20 business units, 18,000 employee-partners, and 130 manufacturing facilities located in 18 countries. Leggett & Platt is the leading U.S. manufacturer of: a) components for residential furniture and bedding; b) office furniture components; c) drawn steel wire; d) automotive seat support and lumbar systems; e) carpet underlay; f) adjustable bed bases; and g) bedding industry machinery. CONTACT: Investor Relations, (417) 358-8131 or invest@leggett.comDavid M. DeSonier, Senior Vice President of Strategy and Investor RelationsSusan R. McCoy, Staff Vice President of Investor Relations SOURCE Leggett & Platt Copyright (C) 2012 PR Newswire. All rights reserved |