GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Leggett & Platt Inc (NYSE:LEG) » Definitions » 5-Year Dividend Growth Rate

LEG (Leggett & Platt) 5-Year Dividend Growth Rate : 3.80% (As of Sep. 2024)


View and export this data going back to 1979. Start your Free Trial

What is Leggett & Platt 5-Year Dividend Growth Rate?

Leggett & Platt's Dividends per Share for the three months ended in Sep. 2024 was $0.05.

During the past 12 months, Leggett & Platt's average Dividends Per Share Growth Rate was -43.30% 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

Leggett & Platt's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.16. As of today, Leggett & Platt's Dividend Yield % is 5.42%.

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 0.81, which seems too high.

Warning Sign:

Leggett & Platt Inc stock dividend yield is close to 1-year low.

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


Competitive Comparison of Leggett & Platt's 5-Year Dividend Growth Rate

For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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's 5-Year Dividend Growth Rate Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Leggett & Platt's 5-Year Dividend Growth Rate falls into.



Leggett & Platt 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Leggett & Platt  (NYSE:LEG) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Leggett & Platt's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.05/ 0.32
=0.16

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.

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 0.81, which seems too high.

2. 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 0.0500002024-12-132024-12-132025-01-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002024-09-132024-09-132024-10-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0500002024-06-142024-06-142024-07-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.4600002024-03-142024-03-152024-04-15Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.61/11.25
=5.42 %

Current Share Price is $11.25.
Leggett & Platt's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.61.

During the past 13 years, the highest Dividend Yield of Leggett & Platt was 17.29%. The lowest was 2.43%. And the median was 3.57%.

Warning Sign:

Leggett & Platt Inc stock dividend yield is close to 1-year low.

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Leggett & Platt's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


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 homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring, and Textile Products. It generates the majority of its revenue from Bedding 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
Benjamin Michael Burns officer: SVP-Business Support Services NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Srikanth Padmanabhan director 500 JACKSON STREET, COLUMBUS IN 47201
Karl G Glassman director, officer: Executive Vice President LEGGETT & PLATT, INCORPORATED, NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Ryan Michael Kleiboeker officer: SVP-Chief Strategic Plan. Off. NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
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
Angela Barbee director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
J Mitchell Dolloff director, officer: President and COO 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
Steven K Henderson officer: Executive Vice President NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Susan R Mccoy officer: SVP - Investor Relations 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