Leggett & Platt increases dividend 4.8%

Leggett & Platt (LEG) announced its next dividend of $0.44 per share, a 4.8% increase over the company’s previous payout of $0.42.

Leggett & Platt (LEG) has a current dividend yield of 4.63% and is rated as “Safe” by SimplySafeDividends. I hold LEG in my Low & Medium Yield Portfolios. In total LEG is 1.2% of my portfolio.