Leggett & Platt raises quarterly dividend to extend 46-year streak
Leggett & Platt Inc. said Tuesday that it raised its quarterly dividend by 5.9% to 36 cents a share from 34 cents a share. The new dividend will be payable July 14 to shareholders of record on June 15. Shares of the diversified manufacturer edged up less than 0.1% to $53.47. At that price, the new annual dividend rate implies a dividend yield of 2.69%, compared with the S&P 500 dividend yield of 2.01%, according to FactSet. The company said it has now raised its annual dividend for 46 consecutive years. Читать дальше...