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Stock impact report

Why It Might Not Make Sense To Buy Leggett & Platt, Incorporated (NYSE:LEG) For Its Upcoming Dividend [Yahoo! Finance]

Leggett & Platt, Incorporated (LEG) 
Last leggett & platt, incorporated earnings: 2/3 04:20 pm Check Earnings Report
US:NYSE Investor Relations: leggett.com
Company Research Source: Yahoo! Finance
The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. This means that investors who purchase Leggett & Platt's shares on or after the 13th of September will not receive the dividend, which will be paid on the 15th of October. The company's next dividend payment will be US$0.05 per share, and in the last 12 months, the company paid a total of US$0.20 per share. Based on the last year's worth of payments, Leggett & Platt has a trailing yield of 1.7% on the current stock price of US$11.62. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check whether Show less Read more
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