Leggett & Platt, Incorporated
LEGConsumer Cyclical · Stock · quarterly payer
$10.20
Add to PortfolioForward Yield
1.96%
Annual Dividend
$0.20
Payout Ratio
12%
5-Yr Growth
-34.0%
Ex-Date
Jun 15, 2026
Frequency
Quarterly
LEG Dividend Safety Score
66/ 100
Grade B
Safe
Dividend-growth streak1 consecutive years of growth
Cut historyCut its dividend in 2024
Earnings payout coverage12% of earnings paid out
Free-cash-flow coverage11% of free cash flow
Balance-sheet strengthDebt/equity of 1.58
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is LEG a good dividend stock?
Yes, with caveatsLeggett & Platt, Incorporated (LEG) pays a quarterly dividend yielding 1.96% ($0.20/yr), with 1 year of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (12%)
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.96%
- Payout Ratio
- 12%
- Annual Dividend
- $0.20
- 5-Yr Avg Growth
- -34.0%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.76
- Market Cap
- $1.4B
- P/E Ratio
- 6.3
- 5-Yr Total Return
- -81%
- 52-Week Range
- $7.86 – $13.00
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 13, 2026 | — | $0.0500 | regular |
| Dec 15, 2025 | — | $0.0500 | regular |
| Sep 15, 2025 | — | $0.0500 | regular |
| Jun 13, 2025 | — | $0.0500 | regular |
| Mar 14, 2025 | — | $0.0500 | regular |
| Dec 13, 2024 | — | $0.0500 | regular |
| Sep 13, 2024 | — | $0.0500 | regular |
| Jun 14, 2024 | — | $0.0500 | regular |
| Mar 14, 2024 | — | $0.4600 | regular |
| Dec 14, 2023 | — | $0.4600 | regular |
| Sep 14, 2023 | — | $0.4600 | regular |
| Jun 14, 2023 | — | $0.4600 | regular |
| Mar 14, 2023 | — | $0.4400 | regular |
| Dec 14, 2022 | — | $0.4400 | regular |
Income Calculator
At $0.20 / yr per share
Per payment (quarterly)$5.00
Annual$20.00
Monthly avg$1.67
