Leggett & Platt's (NYSE:LEG) Dividend Will Be Reduced To $0.05 [Yahoo! Finance]
Leggett & Platt, Incorporated (LEG)
Last leggett & platt, incorporated earnings: 2/3 04:20 pm
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US:NYSE Investor Relations:
leggett.com
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Source: Yahoo! Finance
Despite the cut, the dividend yield of 1.7% will still be comparable to other companies in the industry. While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Leggett & Platt's stock price has reduced by 42% in the last 3 months, which is not ideal for investors and can explain a sharp increase in the dividend yield. See our latest analysis for Leggett & Platt Leggett & Platt Doesn't Earn Enough To Cover Its Payments While it is always good to see a solid dividend yield, we should also consider whether the payment is feasible. While Leggett & Platt is not profitable, it is paying out less than 75% of its free cash flow, which means that there is plenty left over for reinvestment into the business. In general, cash flows are more important than the more traditional measures of profit so we feel pretty comfortable with the dividend at this level. Th
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News
- Winners And Losers Of Q2: Leggett & Platt (NYSE:LEG) Vs The Rest Of The Home Furnishings Stocks [Yahoo! Finance]Yahoo! Finance
- With 80% ownership, Leggett & Platt, Incorporated (NYSE:LEG) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
- Why It Might Not Make Sense To Buy Leggett & Platt, Incorporated (NYSE:LEG) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Is Leggett & Platt, Incorporated (LEG) The Best Beaten Down Dividend Stock to Invest in Now? [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt, Incorporated (NYSE: LEG) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
LEG
Earnings
- 8/1/24 - Beat
LEG
Sec Filings
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- 9/23/24 - Form 4
- LEG's page on the SEC website