Leggett & Platt believes in consistently paying dividends, is proud of its dividend growth record, and intends to extend that record. The Company targets dividend payout (over the long term) of approximately 50-60% of continuing operations adjusted EPS. Quarterly dividends are typically declared in February, May, August, and November, and paid about two weeks after the start of the following quarter. For 2018, the Company’s anticipated payment dates are April 13, July 13, October 15, and January 15 (of 2019).
- 46 Consecutive Annual Increases (from 1971 to 2017)
- Member of S&P 500 “Dividend Aristocrats”
- One of highest yields among the “Dividend Aristocrats”
Dividends have been paid on the Company’s common stock each year since 1939. With $1.42 per share of declared dividends, 2017 was our 46th consecutive year of dividend growth, a record that only ten S&P 500 companies currently exceed.