Leggett & Platt, Incorporated (LEG) to Issue Quarterly Dividend of $0.05 on August 24th

Posted by Geri Gentry on Aug 1st, 2026

Leggett & Platt, Incorporated (NYSE:LEG – Get Free Report) announced a quarterly dividend on Thursday, July 30th. Investors of record on Monday, August 10th will be paid a dividend of 0.05 per share on Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, August 10th.

Leggett & Platt has decreased its dividend payment by an average of 0.3%annually over the last three years. Leggett & Platt has a dividend payout ratio of 16.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Leggett & Platt to earn $1.03 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 19.4%.

Leggett & Platt Stock Down 2.2%

NYSE LEG opened at $9.80 on Friday. The stock has a market capitalization of $1.34 billion, a P/E ratio of 6.09 and a beta of 0.71. Leggett & Platt has a 52 week low of $7.86 and a 52 week high of $13.00. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.45 and a current ratio of 2.33. The stock has a fifty day moving average of $10.78 and a 200-day moving average of $10.95.

Leggett & Platt (NYSE:LEG – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.11). Leggett & Platt had a net margin of 5.69% and a return on equity of 12.62%. The business had revenue of $918.20 million during the quarter, compared to the consensus estimate of $946.79 million. During the same period last year, the business posted $0.24 EPS. The firm’s revenue for the quarter was down 10.2% compared to the same quarter last year. On average, equities research analysts forecast that Leggett & Platt will post 0.9 EPS for the current year.

Institutional Investors Weigh In On Leggett & Platt

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tactive Advisors LLC bought a new position in shares of Leggett & Platt in the second quarter valued at $389,000. Elevation Wealth Partners LLC increased its holdings in Leggett & Platt by 752.8% during the second quarter. Elevation Wealth Partners LLC now owns 2,311 shares of the company’s stock worth $27,000 after buying an additional 2,040 shares during the last quarter. 55 North Private Wealth LLC bought a new stake in Leggett & Platt during the second quarter worth $125,000. GAMMA Investing LLC raised its position in Leggett & Platt by 18.3% during the second quarter. GAMMA Investing LLC now owns 6,800 shares of the company’s stock worth $80,000 after acquiring an additional 1,051 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in Leggett & Platt by 156.3% in the second quarter. Versant Capital Management Inc now owns 13,196 shares of the company’s stock valued at $155,000 after acquiring an additional 8,047 shares during the last quarter. Institutional investors own 64.23% of the company’s stock.

About Leggett & Platt

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Leggett & Platt, Inc is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.

The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products.