Leggett & Platt Aktie News

High-yield stocks often catch the eye of investors due to the seemingly significant, tangible returns on investment. Yet, not all that glitters is gold.

Leggett & Platt has a strong dividend track record, but its current payout ratio of 175% is unsustainable and may lead to a dividend cut.

Carthage, MO, April 16, 2024 (GLOBE NEWSWIRE) -- Leggett & Platt (NYSE:LEG), a diversified manufacturer of engineered products serving several major markets, will release first quarter earnings results on Tuesday, April 30, 2024 after the market closes, and hold its quarterly conference call to discuss first quarter results, annual guidance, market conditions, company initiatives, and related m...

Leggett & Platt, Inc. is facing lower sales, shrinking margins, and declining return on invested capital, putting its dividend king status at risk. The company has years ahead before it can see any growth in sales. The well-diversified product line does provide some strength for facing uncertain times.

"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases."—suredividend.com. The 55 Dividend Kings screened as of April 10 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 15.19%-33.38% topped-by Middlesex Water, and SJW Group. By yield, Leggett tops-all. Top-ten April Kings: FRT, UBSI, FTS, BKH, NWN, CDUAF, MMM, UVV, MO, & LEG a...

Dividend Aristocrats are stocks that are members of the S&P 500 index and have raised their dividend payouts yearly for 25 years or more. It's an exclusive list of companies.

Finding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes.

There is no substitute for dividend stocks when it comes to making money on Wall Street. Studies show dividend payers significantly outperform stocks that don't reward shareholders and do so with less risk.