Dividend King, Leggett & Platt (LEG), announces 4.5% dividend increase. It’s 52nd annual increase.

Leggett & 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 possesses one of the highest yields among the Dividend Kings.

Legget & Platt