Cumulative Growth of a $10,000 Investment in Stock Advisor, Leggett & Platt Stock Drops 10% on Weak Earnings, Dividend Cut Worries @themotleyfool #stocks $LEG, Why Leggett & Platt Stock Jumped 32% in April, These 3 Dividend Aristocrats Could Lose Their Royal Status. Upgrade to Premium to access your Watchlist and more. The time remaining before the next ex-dividend date. Is its dividend safe? Stay up to date with timely dividend news. Please help us personalize your experience. Learn from industry thought leaders and expert market participants. After all, it’s never cut its dividend – and has doubled up WMB’s performance as a result: The Benefits of Dividend Growth vs. Cuts. Leggett & Platt Stock Drops 10% on Weak Earnings, Dividend Cut Worries Sales have fallen by nearly half under the COVID-19 shutdown, and the bedding and flooring company may have to cut … Founded in 1883 in Carthage, Missouri, Leggett & Platt patented the first steel coil bedspring. Become a Premium Member to “stick” up to 3 rows and access more exclusive benefits. Not sure where to start? Should you sell? A stock’s Earnings Growth rating evaluates a company’s expected. The company is a pioneer of the steel coil bedspring and a leading provider of differentiated bedding products. Dividend investors and retirees doubly so, to ensure that their dividend payments are as safe as can be, and to minimize the possibility of dividend cuts. Make short-term dividend income. Like learning about companies with great (or really bad) stories? You take care of your investments. Market data powered by FactSet and Web Financial Group. Dividend Aristocrats , … If a future payout has not been declared, The Dividend Shot Clock will not be set. Leggett's dividends have increased each year for the last 48 consecutive years (1971 - 2019). Scroll down to review this week's data in a tabular format. According to the release, the board of directors will make a decision at its meeting this month. Portfolio management news, reports, video and more. This would be a painful move for the bedding and flooring products manufacturer, a Dividend Aristocrat that's paid and increased its dividend for 48 straight years. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. Shares of Leggett & Platt (NYSE:LEG) were down 9.3% as of 3:04 p.m. EDT on Tuesday, having spent most of the afternoon down almost 10%. B grade indicates a very low probability for a dividend cut. These 'dividend aristocrats' are S&P 500 Index stocks growing dividend payouts for 25-plus straight years. * Annualized return assumes initial investment is continually reinvested in similar BDC stocks. Simply Wall St. Aug-28-19 09:30AM : Legget & Platt (LEG) Down 9.9% Since Last Earnings Report: Can It Rebound? The big question now isn’t whether Exxon will raise its dividend, it’s whether the company will cut it. Leggett & Platt Stock Drops 10% on Weak Earnings, Dividend Cut Worries Jason Hall 5/5/2020 US Coronavirus: The country is a step closer to a Covid-19 vaccine authorization. If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with LEG that may be suitable potential portfolio mates: FCBC, EBTC, NWE, CCU and CGA. Dividend Yield is the relation between a stock’s Annualized Dividend and its current stock price. Expected Record and Payment Dates for 2020: I'm sure if there's any possible way to save the dividend, the company will do it. Consecutive Years of Dividend Increase is the number of years in a row in which there has been at least one payout increase and no payout decreases. Different dividend investing options and how to best save, invest, and more more than it,... 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