Back to Dividend Stocks
Leggett & Platt, Inc. (LEG) logo

Leggett & Platt, Inc.

S&P 500

LEG/Consumer Cyclical · Furnishings, Fixtures & Appliances/NYSE

Dividend Yield

1.88%

$0.20 · Annual Dividend

Stock Price$11.60P/E6.6MCap1.5BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

65/ 100Safe

LEG's dividend appears safe and well-supported. Strengths include a 12.4% earnings payout ratio & 13.1% fcf payout ratio. Areas of concern: 5.1% operating margin & 18.6% gross margin.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 12.4%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 13.1%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 6.1%Operating cash flow strongly supports the payout.

Risks

  • 5-Year Dividend CAGR: -34.0%Dividend growth has been weak or negative.
  • Operating Margin: 5.1%Operating margin is thin and pressures the dividend.
  • Gross Margin: 18.6%Gross margin is low and limits flexibility.

Payout & Coverage

Very Safe
12.4%Very Safe
13.1%Very Safe
6.1%Very Safe

Balance Sheet

Safe
2.3xVery Safe
158.5Caution

Profitability

Caution
25.2%Very Safe
5.1%Warning
18.6%Warning

Dividend Track Record

Caution
11+ yrsVery Safe
NoneVery Safe
VolatileWarning

About Leggett & Platt, Inc.

Leggett & Platt, Inc. is a diversified manufacturer that designs, engineers, and produces a broad array of components and products across multiple industries. The company operates through five key segments: Residential Furnishings, which supplies bedding components, furniture mechanisms, and related consumer products; Commercial Furnishings and Components, offering store fixtures, point-of-purchase displays, material handling systems, office furniture parts, and plastic components; Aluminum Products, providing aluminum die castings, custom tooling, machining, finishing, and molten aluminum; Industrial Materials, encompassing drawn steel wire, specialty wire products, and welded steel tubing; and Specialized Products, including production machinery, seating suspension systems, control cables, and lumbar support systems for automotive, office, and residential applications. These offerings serve sectors such as furniture, automotive, retail, and industrial manufacturing, making Leggett & Platt, Inc. a vital supplier of engineered solutions for everyday homes, offices, stores, and vehicles. Founded in 1883 and headquartered in Carthage, Missouri, the company maintains a global presence with manufacturing in the United States, Europe, China, Canada, and Mexico.

Dividend Overview

Dividend Yield

1.88%

Annual Dividend

$0.20

Frequency

Quarterly

Payout Ratio

12.42%

FCF Payout Ratio

13.09%

52-Week Range

$7.86 - $13.00

Dividend History (2016–2025)

LEG annual dividend per share and yield history

Earnings & Profitability

LEG earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 15, 2026

Next Payment Date

July 15, 2026

Dividend Growth

3-Year Dividend CAGR

-51.38%

5-Year Dividend CAGR

-34.02%

10-Year Dividend CAGR

-16.81%

3-Year Total Growth

-88.51%

5-Year Total Growth

-87.50%

10-Year Total Growth

-84.13%

Income Calculator

LEG Dividend Calculator

Total Investment

$1,160.00

Annual Income

$20.00

Quarterly Income

$5.00

Monthly Income

$1.67

Frequently Asked Questions

What is LEG's current dividend yield?
Leggett & Platt, Inc. (LEG) currently has a dividend yield of 1.88%, based on a stock price of $11.60 and an annual dividend of $0.20.
When is LEG's next dividend payment date?
LEG's next ex-dividend date is 2026-06-15 and the next payment date is 2026-07-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does LEG pay in dividends per year?
Leggett & Platt, Inc. paid $0.20 per share in annual dividends in 2025. The dividends are paid quarterly.
Has LEG been increasing its dividend?
Leggett & Platt, Inc. has grown its dividend at a 5-year CAGR of -34.02% and a 10-year CAGR of -16.81%.
Is LEG's dividend safe?
Leggett & Platt, Inc. has a payout ratio of 12.42%. Its free cash flow payout ratio is 13.09%. A payout ratio below 60% is generally considered sustainable.
How is LEG's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Leggett & Platt, Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer cyclical companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track LEG Dividends with OnlyDividends

What will LEG actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

Download the App

This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.