LEG - Dividend announcements

CARTHAGE, Mo., May 21, 2026 /PRNewswire/ -- Board declared second quarter dividend of $.05 per shareAnnual meeting voting aligned with Board recommendationsLeggett & Platt's Board of Directors declared a dividend of $.05 per share for the second quarter 2026. The dividend will be paid on July 15, 2026 to shareholders of record on June 15, 2026.The Company's annual meeting of shareholders was held this morning. Shareholders elected as directors the eight nominees proposed by the Board; ratified the selection of PricewaterhouseCoopers as the Company's independent registered public accountant for 2026; endorsed the compensation of the Company's named executive officers; and approved the amendme

CARTHAGE, Mo., Feb. 26, 2026 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the first quarter of 2026. The dividend will be paid on April 15, 2026 to shareholders of record on March 13, 2026.FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com.COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 143-year-old Company is a leading supplier of bedding components and solutions; automotive seat comfort and convenience systems; home and work furniture components; geo components; floo

CARTHAGE, Mo., Jan. 20, 2026 /PRNewswire/ -- Leggett & Platt today announced that its Board of Directors has entered into a customary non-disclosure agreement and 6-month standstill with Somnigroup to facilitate customary due diligence and to determine if a transaction can be reached that delivers appropriate value and certainty to Leggett & Platt and its shareholders. Discussions between Leggett & Platt and Somnigroup follow the Leggett & Platt Board's careful review, in consultation with its independent financial and legal advisors, of Somnigroup's unsolicited proposal dated December 1, 2025 to acquire Leggett & Platt in an all-stock transaction. The Board determined that Somnigroup's $12

No Shareholder Action Required at This Time CARTHAGE, Mo., Dec. 1, 2025 /PRNewswire/ -- Leggett & Platt confirmed that it has received an unsolicited proposal from Somnigroup International Inc. (NYSE:SGI) ("Somnigroup") to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction. Somnigroup's proposal states that the exchange ratio is "to be agreed" and that the proposal is non-binding and subject to due diligence. Somnigroup did not engage with the Company prior to November 30, 2025 with respect to its proposal. The Leggett & Platt Board of Directors, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will car

CARTHAGE, Mo., Nov. 6, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter of 2025. The dividend will be paid on January 15, 2026 to shareholders of record on December 15, 2025. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 142-year-old Company is a leading supp

Announces Subsequent Change to Full Year 2025 Guidance CARTHAGE, Mo., Aug. 29, 2025 /PRNewswire/ -- Leggett & Platt announced today it successfully completed the sale of its Aerospace Products Group to affiliated funds managed by Tinicum Incorporated. The transaction is expected to result in after-tax proceeds of approximately $250 million. Proceeds will be used primarily to pay down debt and strengthen the Company's balance sheet and leverage ratio. This divestiture was part of the outcome of the strategic business review to identify and focus on businesses that align with the Company's long-term goals. The Aerospace Products Group is a supplier of complex, highly engineered tube and duct a

CARTHAGE, Mo., Aug. 7, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter of 2025. The dividend will be paid on October 15, 2025 to shareholders of record on September 15, 2025. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 142-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture compon

CARTHAGE, Mo., May 7, 2025 /PRNewswire/ --  Board declared second quarter dividend of $.05 per shareAnnual meeting voting aligned with Board recommendationsManuel Fernandez and Mark Blinn retired from BoardLeggett & Platt's Board of Directors declared a dividend of $.05 per share for the second quarter 2025. The dividend will be paid on July 15, 2025 to shareholders of record on June 13, 2025. The Company's annual meeting of shareholders was held this morning. Shareholders elected as directors the eight nominees proposed by the Board; ratified the selection of PricewaterhouseCoopers as the Company's independent registered public accountant for 2025; endorsed the compensation of the Company's

CARTHAGE, Mo., Feb. 26, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the first quarter 2025. The dividend will be paid on April 15, 2025 to shareholders of record on March 14, 2025. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION:  Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 142-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture components; g

CARTHAGE, Mo., Nov. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter 2024. The dividend will be paid on January 15, 2025 to shareholders of record on December 13, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture component

CARTHAGE, Mo., Aug. 7, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the third quarter 2024. The dividend will be paid on October 15, 2024 to shareholders of record on September 13, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION:  Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat comfort and convenience systems; home and work furniture componen

CARTHAGE, Mo., March 25, 2024 /PRNewswire/ -- Diversified manufacturer Leggett & Platt announced today that it has entered into an amended agreement for its existing revolving credit facility to provide additional borrowing capacity and financial flexibility. Pursuant to the terms of the amended agreement, the Company has increased the leverage ratio under the financial covenant from 3.5x to 4.0x trailing 12-months adjusted EBITDA¹ through June 30, 2025. The leverage ratio will revert to 3.5x as of September 30, 2025, and remain at 3.5x until the facility's maturity date on September 30, 2026. President and CEO Mitch Dolloff commented, "The amended credit agreement reflects our commitment to

CARTHAGE, Mo., Feb. 27, 2024 /PRNewswire/ -- Leggett & Platt's Board of Directors announced a dividend of $.46 per share for the first quarter, an increase of $.02 per share or 4.5% versus the first quarter of 2023. The dividend will be paid on April 15, 2024 to shareholders of record on March 15, 2024. FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 141-year-old Company is a leading supplier of bedding components and private label finished goods; automotive seat com

CARTHAGE, Mo., Jan. 16, 2024 /PRNewswire/ -- Continuing to adapt Bedding Products strategy to advance innovative, higher-value content and provide additional product solutions for our customersOptimizing manufacturing and distribution footprint to enhance the efficiency of our business while maintaining ability to service our customersExecuting plan initiatives expected to generate $40 to $50 million of annualized EBIT benefit when fully implemented in late 2025Withdrawing company's long-term financial targetsRecording an estimated $450 million long-lived asset impairment charge in 4Q23 related to prior year acquisitions in Bedding Products segmentDiversified manufacturer Leggett & Platt ann

CARTHAGE, Mo., Aug. 8, 2023 /PRNewswire/ -- Third quarter dividend is $.46 per share, an increase of 4.5% versus 3Q 2022Indicated dividend yield is 6.2%Annual dividends have increased for 52 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.46 per share for the third quarter, an increase of $.02 per share or 4.5% versus the third quarter of 2022.  The dividend will be paid on October 13, 2023 to shareholders of record on September 15, 2023. At an annual indicated dividend of $1.84 per share, the yield is 6.2%, based upon yesterday's closing stock price of $29.69 per share.  Leggett & Platt has increased its annual dividend for 52 consecutive years and possesses

CARTHAGE, Mo., May 4, 2023 /PRNewswire/ -- Increased second quarter dividend by $.02, or 4.5%, to $.46 per shareIndicated dividend yield is 5.7%Annual dividends have increased for 52 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.46 per share for the second quarter, an increase of $.02 per share or 4.5% versus the dividend declared in the second quarter of 2022. The dividend will be paid on July 14, 2023 to shareholders of record on June 15, 2023. At an annual indicated dividend of $1.84 per share, the yield is 5.7%, based upon yesterday's closing stock price of $32.25 per share. Leggett & Platt has increased its annual dividend for 52 consecutive years and p

CARTHAGE, Mo., Feb. 23, 2023 /PRNewswire/ -- First quarter dividend is $.44 per share, an increase of 4.8% versus 1Q 2022Indicated dividend yield is 5.2%Annual dividends have increased for 51 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.44 per share for the first quarter, an increase of $.02 per share or 4.8% versus the first quarter of 2022.  The dividend will be paid on April 14, 2023 to shareholders of record on March 15, 2023. At an annual indicated dividend of $1.76 per share, the yield is 5.2%, based upon yesterday's closing stock price of $34.02 per share.  Leggett & Platt has increased its annual dividend for 51 consecutive years and possesses one o

CARTHAGE, Mo., Nov. 18, 2022 /PRNewswire/ --  Fourth quarter dividend is $.44 per share, an increase of 4.8% versus 4Q 2021Indicated dividend yield is 5.1%Annual dividends have increased for 51 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.44 per share for the fourth quarter, an increase of $.02 per share or 4.8% versus the fourth quarter of 2021. The dividend will be paid on January 13, 2023 to shareholders of record on December 15, 2022. At an annual indicated dividend of $1.76 per share, the yield is 5.1%, based upon yesterday's closing stock price of $34.45 per share. Leggett & Platt has increased its annual dividend for 51 consecutive years and possesse

CARTHAGE, Mo., Oct. 10, 2022 /PRNewswire/ -- Full year 2022 sales guidance lowered to $5.1–$5.2 billionFull year 2022 EPS guidance reduced to $2.30–$2.45Acquired a Hydraulic Cylinders business and two Textiles businessesDiversified manufacturer Leggett & Platt lowered its full-year 2022 guidance: Sales guidance now $5.1 to $5.2 billion (vs prior $5.2–$5.4 billion)Decrease is primarily due to lower volume than previously expectedEPS guidance now $2.30 to $2.45 (vs prior $2.65–$2.80) Decrease is primarily from lower volume, reduced production, slower than anticipated cost recove

CARTHAGE, Mo., Aug. 9, 2022 /PRNewswire/ -- Third quarter dividend is $.44 per share, an increase of 4.8% versus 3Q 2021Indicated dividend yield is 4.3%Annual dividends have increased for 51 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.44 per share for the third quarter, an increase of $.02 per share or 4.8% versus the third quarter of 2021. The dividend will be paid on October 14, 2022 to shareholders of record on September 15, 2022. At an annual indicated dividend of $1.76 per share, the yield is 4.3%, based upon yesterday's closing stock price of $40.51 per share. Leggett & Platt has increased its annual dividend for 51 consecutive years and possesses on

CARTHAGE, Mo., May 17, 2022 /PRNewswire/ -- Increased second quarter dividend by $.02, or 4.8%, to $.44 per shareIndicated dividend yield is 4.7%Annual meeting addressed three items of business; voting aligned with Board recommendationsLeggett & Platt's Board of Directors announced a dividend of $.44 per share for the second quarter, an increase of $.02 per share or 4.8% versus the dividend declared in the second quarter of 2021.  The dividend will be paid on July 15, 2022 to shareholders of record on June 15, 2022. At an annual indicated dividend of $1.76 per share, the yield is 4.7%, based upon yesterday's closing stock price of $37.08 per share.  Leggett & Platt has increased its annual d

CARTHAGE, Mo., Feb. 22, 2022 /PRNewswire/ -- First quarter dividend is $.42 per share, an increase of 5% versus 1Q 2021 Indicated dividend yield is 4.4% Annual dividends have increased for 50 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.42 per share for the first quarter, an increase of $.02 per share or 5% versus the first quarter of 2021.  The dividend will be paid on April 15, 2022 to shareholders of record on March 15, 2022. At an annual indicated dividend of $1.68 per share, the yield is 4.4%, based upon Friday's closing stock price of $38.48 per share.  Leggett & Platt has increased its annual dividend for 50 consecutive years and possesses one of

CARTHAGE, Mo., Nov. 9, 2021 /PRNewswire/ --- Fourth quarter dividend is $.42 per share, an increase of 5% versus 4Q 2020 Indicated dividend yield is 3.8% Annual dividends have increased for 50 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.42 per share for the fourth quarter, an increase of $.02 per share or 5% versus the fourth quarter of 2020.  The dividend will be paid on January 14, 2022 to shareholders of record on December 15, 2021. A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 50 consecutive years, a record that only ten S&P 500 companies currently exceed.  At an annual indicated dividend of

CARTHAGE, Mo., Aug. 11, 2021 /PRNewswire/ -- Third quarter dividend is $.42 per share, an increase of 5% versus 3Q 2020 Indicated dividend yield is 3.5% Annual dividends have increased for 50 consecutive yearsLeggett & Platt's Board of Directors announced a dividend of $.42 per share for the third quarter, an increase of $.02 per share or 5% versus the third quarter of 2020.  The dividend will be paid on October 15, 2021 to shareholders of record on September 15, 2021. A member of Standard & Poor's Dividend Aristocrats, Leggett & Platt has increased its annual dividend for 50 consecutive years, a record that only ten S&P 500 companies currently exceed.  At an annual indicated dividend of

CARTHAGE, Mo., May 3, 2021 /PRNewswire/ -- 1Q sales increased 10% vs 1Q20, to $1.151 billion 1Q EPS was a first quarter record $.64, an increase of $.31 vs 1Q20 and an increase of $.24 vs adjusted1 EPS in 1Q20 Board of Directors increased second quarter dividend $.02 to $.42 per share Increased 2021 guidance: sales of $4.8–$5.0 billion and EPS of $2.55–$2.75 Changed methodology for valuing domestic steel-related inventory from LIFO to FIFODiversified manufacturer Leggett & Platt reported first quarter 2021 sales of $1.151 billion, a 10% increase versus first quarter last year. Organic sales were up 11% Volume was up 4%; strong demand in residential end markets and Automotive was partially o

CARTHAGE, Mo., Feb. 8, 2021 /PRNewswire/ -- 4Q sales grew 3% vs 4Q19, to $1.182 billion 4Q EPS was a fourth quarter record $.76, an increase of $.12 vs 4Q19 2020 sales decreased 10% vs 2019, to $4.28 billion 2020 EPS was $1.82 and 2020 adjusted1 EPS was $2.13, decreases vs 2019 2020 cash flow from operations was $603 million Board of Directors declared first quarter dividend of $.40 per share 2021 guidance: sales of $4.6–$4.9 billion and EPS of $2.30–$2.60 Chairman and CEO Karl Glassman commented, "We are pleased to have delivered a strong fourth quarter to end a very challenging 2020. Fourth quarter sales, EBIT, EBIT margin, and earnings per share increased versus the fourth quar