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Leggett & Platt (Leggett & Platt) Dividend Yield %

: 10.04% (As of Today)
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As of today (2024-04-19), the Trailing Annual Dividend Yield of Leggett & Platt is 10.04%.

Good Sign:

Leggett & Platt Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Leggett & Platt's Dividend Yield % or its related term are showing as below:

LEG' s Dividend Yield % Range Over the Past 10 Years
Min: 2.43   Med: 3.55   Max: 10.41
Current: 10.04

During the past 13 years, the highest Dividend Yield of Leggett & Platt was 10.41%. The lowest was 2.43%. And the median was 3.55%.

LEG's Dividend Yield % is ranked better than
97.98% of 248 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.62 vs LEG: 10.04

Leggett & Platt's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Leggett & Platt Inc is 1.31, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Leggett & Platt was 1.31. The lowest was 0.55. And the median was 0.68.

As of today (2024-04-19), the Forward Dividend Yield % of Leggett & Platt is 10.04%.

Leggett & Platt's Dividends per Share for the three months ended in Dec. 2023 was $0.46.

During the past 12 months, Leggett & Platt's average Dividends Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Leggett & Platt was 24.00% per year. The lowest was 3.20% per year. And the median was 8.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Leggett & Platt Dividend Yield % Historical Data

The historical data trend for Leggett & Platt's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leggett & Platt Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.11 3.61 4.03 5.39 6.95

Leggett & Platt Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.39 5.52 6.01 7.08 6.95

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leggett & Platt Dividend Yield % Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Leggett & Platt's Dividend Yield % falls into.



Leggett & Platt Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Leggett & Platt Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4602024-03-142024-03-152024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-12-142023-12-152024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-09-142023-09-152023-10-13Cash DividendquarterlyUSD:USD 1.000000
USD 0.4602023-06-142023-06-152023-07-14Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Leggett & Platt's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.84/18.26
=10.08 %

Current Share Price is $18.26.
Leggett & Platt's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.84.

Leggett & Platt's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.84/18.26
=10.08 %

Current Share Price is $18.26.
Leggett & Platt's Dividends per Share for the forward twelve months is calculated as $0.46 * 4 = $1.84.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Leggett & Platt  (NYSE:LEG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Leggett & Platt Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Leggett & Platt's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Leggett & Platt (Leggett & Platt) Business Description

Traded in Other Exchanges
Address
No. 1 Leggett Road, Carthage, MO, USA, 64836
Leggett & Platt Inc designs and produces engineered components and products found in most homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring and Textile Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture and work furniture, flooring underlayment, adjustable beds, and various other products.
Executives
Ryan Michael Kleiboeker officer: SVP-Chief Strategic Plan. Off. NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Phoebe A Wood director PO BOX 1080, LOUISVILLE KY 40201
Scott S Douglas officer: SVP-Gen. Counsel and Secretary NO 1 LEGGETT ROAD, CARTHAGE MO 64836
Karl G Glassman director, officer: Executive Vice President LEGGETT & PLATT, INCORPORATED, NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Angela Barbee director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Benjamin Michael Burns officer: SVP-Business Support Services NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
James Tyson Hagale officer: SVP, Pres. - Bedding Products NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Christina Ptasinski officer: SVP - Chief HR Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
J Mitchell Dolloff director, officer: President and COO NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Steven K Henderson officer: Executive Vice President NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Tammy M Trent officer: SVP - Chief Accounting Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Jeffrey L. Tate officer: Executive Vice President - CFO 2211 H.H. DOW WAY, MIDLAND MI 48674
Susan R Mccoy officer: SVP - Investor Relations NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Judy C Odom director 2140 MERRITT DRIVE, GARLAND TX 75401
Maryelizabeth R Campbell director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836

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