Leggett & Platt, Incorporated

Leggett & Platt, Incorporated

LEGยทNYSE

$9.83

-0.31%
Consumer CyclicalFurnishings, Fixtures & Appliances

Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating; seat suspension systems, motors and actuators, and cables; titanium, nickel, and stainless-steel tubing, formed tubes, tube assemblies, and flexible joint components for fluid conveyance systems; and engineered hydraulic cylinders to automobile OEMs and Tier 1 suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware for reclining chairs, sofas, sleeper sofas and lift chairs; springs and seat suspensions; components and private label finished goods for soft seating; and bases, columns, back rests, casters, and frames, as well as control devices for chairs. Further, it offers carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components to manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, and mattress and furniture producers, as well as manufacturers of packaging, filtration, and draperies. The company was founded in 1883 and is based in Carthage, Missouri.

At a Glance

Live Snapshot
Market Cap$1.34B
EPS1.7000
P/E Ratio6.47
Earnings Date07/30/2026
0.49%
Dividend Yield
12%
3Y-63.0%
5Y-42.0%
10Y-19.0%
34.00%
Dividend Payout Ratio
25%
3Y-69.0%
5Y-44.0%
10Y-4.0%
3Y-88.0%
5Y-87.0%
10Y-84.0%
Leggett & Platt, Incorporated

Leggett & Platt, Incorporated Dividend History

LEG ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

LEG Dividend Payment History

LEG ยท NYSE

Total Payments

50

Latest Dividend

$0.0500

Annual Amount

$0.2000

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 21, 2026
Jun 15, 2026Jul 15, 2026
$0.0500
$0.0500
Quarterly0.00%
Feb 26, 2026
Mar 13, 2026Apr 15, 2026
$0.0500
$0.0500
Quarterly0.00%
Nov 6, 2025
Dec 15, 2025Jan 15, 2026
$0.0500
$0.0500
Quarterly0.00%
Aug 7, 2025
Sep 15, 2025Oct 15, 2025
$0.0500
$0.0500
Quarterly0.00%
May 7, 2025
Jun 13, 2025Jul 15, 2025
$0.0500
$0.0500
Quarterly0.00%
Feb 26, 2025
Mar 14, 2025Apr 15, 2025
$0.0500
$0.0500
Quarterly0.00%
Nov 7, 2024
Dec 13, 2024Jan 15, 2025
$0.0500
$0.0500
Quarterly0.00%
Aug 7, 2024
Sep 13, 2024Oct 15, 2024
$0.0500
$0.0500
Quarterly0.00%
Apr 30, 2024
Jun 14, 2024Jul 15, 2024
$0.0500
$0.0500
Quarterly-89.13%
Feb 27, 2024
Mar 15, 2024Apr 15, 2024
$0.4600
$0.4600
Quarterly0.00%
Nov 7, 2023
Dec 15, 2023Jan 12, 2024
$0.4600
$0.4600
Quarterly0.00%
Aug 8, 2023
Sep 15, 2023Oct 13, 2023
$0.4600
$0.4600
Quarterly0.00%
May 4, 2023
Jun 15, 2023Jul 14, 2023
$0.4600
$0.4600
Quarterly+4.55%
Feb 23, 2023
Mar 15, 2023Apr 14, 2023
$0.4400
$0.4400
Quarterly0.00%
Nov 18, 2022
Dec 15, 2022Jan 13, 2023
$0.4400
$0.4400
Quarterly0.00%
Aug 9, 2022
Sep 15, 2022Oct 14, 2022
$0.4400
$0.4400
Quarterly0.00%
May 17, 2022
Jun 15, 2022Jul 15, 2022
$0.4400
$0.4400
Quarterly+4.76%
Feb 22, 2022
Mar 15, 2022Apr 15, 2022
$0.4200
$0.4200
Quarterly0.00%
Nov 9, 2021
Dec 15, 2021Jan 14, 2022
$0.4200
$0.4200
Quarterly0.00%
Aug 11, 2021
Sep 15, 2021Oct 15, 2021
$0.4200
$0.4200
Quarterly0.00%
May 3, 2021
Jun 15, 2021Jul 15, 2021
$0.4200
$0.4200
Quarterly+5.00%
Feb 8, 2021
Mar 15, 2021Apr 15, 2021
$0.4000
$0.4000
Quarterly0.00%
Nov 2, 2020
Dec 15, 2020Jan 15, 2021
$0.4000
$0.4000
Quarterly0.00%
Aug 3, 2020
Sep 15, 2020Oct 15, 2020
$0.4000
$0.4000
Quarterly0.00%
May 15, 2020
Jun 15, 2020Jul 15, 2020
$0.4000
$0.4000
Quarterly0.00%
Feb 19, 2020
Mar 13, 2020Apr 15, 2020
$0.4000
$0.4000
Quarterly0.00%
Nov 5, 2019
Dec 13, 2019Jan 15, 2020
$0.4000
$0.4000
Quarterly0.00%
Aug 6, 2019
Sep 13, 2019Oct 15, 2019
$0.4000
$0.4000
Quarterly0.00%
May 7, 2019
Jun 14, 2019Jul 15, 2019
$0.4000
$0.4000
Quarterly+5.26%
Feb 27, 2019
Mar 15, 2019Apr 15, 2019
$0.3800
$0.3800
Quarterly0.00%
Nov 6, 2018
Dec 14, 2018Jan 15, 2019
$0.3800
$0.3800
Quarterly0.00%
Sep 11, 2018
Sep 24, 2018Oct 15, 2018
$0.3800
$0.3800
Quarterly0.00%
May 15, 2018
Jun 15, 2018Jul 13, 2018
$0.3800
$0.3800
Quarterly+5.56%
Feb 21, 2018
Mar 15, 2018Apr 13, 2018
$0.3600
$0.3600
Quarterly0.00%
Nov 7, 2017
Dec 15, 2017Jan 12, 2018
$0.3600
$0.3600
Quarterly0.00%
Aug 3, 2017
Sep 15, 2017Oct 13, 2017
$0.3600
$0.3600
Quarterly0.00%
May 9, 2017
Jun 15, 2017Jul 14, 2017
$0.3600
$0.3600
Quarterly+5.88%
Feb 21, 2017
Mar 15, 2017Apr 13, 2017
$0.3400
$0.3400
Quarterly0.00%
Nov 8, 2016
Dec 15, 2016Jan 13, 2017
$0.3400
$0.3400
Quarterly0.00%
Aug 5, 2016
Sep 15, 2016Oct 14, 2016
$0.3400
$0.3400
Quarterly0.00%
May 17, 2016
Jun 15, 2016Jul 15, 2016
$0.3400
$0.3400
Quarterly+6.25%
Feb 24, 2016
Mar 15, 2016Apr 15, 2016
$0.3200
$0.3200
Quarterly0.00%
Nov 3, 2015
Dec 15, 2015Jan 15, 2016
$0.3200
$0.3200
Quarterly0.00%
Aug 12, 2015
Sep 15, 2015Oct 15, 2015
$0.3200
$0.3200
Quarterly+3.23%
May 5, 2015
Jun 15, 2015Jul 15, 2015
$0.3100
$0.3100
Quarterly0.00%
Feb 25, 2015
Mar 13, 2015Apr 15, 2015
$0.3100
$0.3100
Quarterly0.00%
Nov 4, 2014
Dec 15, 2014Jan 15, 2015
$0.3100
$0.3100
Quarterly0.00%
Aug 5, 2014
Sep 15, 2014Oct 15, 2014
$0.3100
$0.3100
Quarterly+3.33%
May 7, 2014
Jun 13, 2014Jul 15, 2014
$0.3000
$0.3000
Quarterly0.00%
Feb 26, 2014
Mar 14, 2014Apr 15, 2014
$0.3000
$0.3000
Quarterly-
leg

Leggett & Platt, Incorporated Payout Ratio Analysis

LEG ยท NYSE
Dividends Paid
-27.00M
2025
Net Income
235.40M
2025
Payout Ratio
11.47%
2025

Dividend Sustainability Analysis

Payout Ratio
11.47%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
9.6%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
+80.2%

Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.

Sustainability
Excellent

Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.

Key Insight

Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.