Leggett & Platt's Board of Directors announced a dividend of $.30 per share for the second quarter, a 3.4% increase versus the dividend declared in the second quarter 2013.  The dividend will be paid on July 15, 2014 to shareholders of record on June 13, 2014.

 

Leggett & Platt's Board of Directors announced a dividend of $.30 per share for the second quarter, a 3.4% increase versus the dividend declared #

Highlights: 

-Second quarter dividend is $.30 per share, an increase of 3.4% versus 2Q 2013

-Indicated dividend yield is 3.7%, one of the highest among the S&P 500

-Annual Meeting addressed five items of business; voting aligned with Board recommendations

 

Leggett & Platt's Board of Directors announced a dividend of $.30 per share for the second quarter, a 3.4% increase versus the dividend declared #

At an annual indicated dividend of $1.20 per share, the yield is 3.7%, based upon yesterday's closing stock price of $32.27 per share. Accordingly, Leggett & Platt possesses one of the highest dividend yields among the S&P 500 companies.

 

Leggett & Platt's Board of Directors announced a dividend of $.30 per share for the second quarter, a 3.4% increase versus the dividend declared #

A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 43 consecutive years at an average compound growth rate of 13%, a record only one other S&P 500 company has attained.

 

Leggett & Platt's Board of Directors announced a dividend of $.30 per share for the second quarter, a 3.4% increase versus the dividend declared #

Annual Meeting Results

The annual meeting of Leggett & Platt shareholders was held this morning in Carthage, Missouri. Shareholders elected as directors the 11 nominees proposed by the Board; ratified the selection of PricewaterhouseCoopers as the company's independent registered public accountant for 2014; endorsed the compensation of the company's executive officers; approved the 2014 Key Officers Incentive Plan; and rejected a shareholder proposal regarding the company's written non-discrimination policy.  No other proposals were voted upon.

 

Leggett & Platt's Board of Directors announced a dividend of $.30 per share for the second quarter, a 3.4% increase versus the dividend declared #