Leggett & Platt: Dividend Lessons Learned From A Former King
Leggett & Platt(LEG) Seeking Alpha·2024-06-05 00:38
Sezeryadigar/iStock via Getty Images LEG stock: the dividend king cut its dividends Leggett & Platt, Inc. (NYSE:LEG) caught my attention in early 2022 during my routine screening of dividend stocks. In these screens, I specifically look for stocks that pay regular dividends and are yielding either far above or below their historical average yield. LEG was yielding around 5% at that time as seen in the next chart, close to the highest level in at least 10 years (except for the period of fire sale during the ...