Leggett & Platt (LEG) Dividends & Splits

Leggett & Platt Inc (LEG) is a company that provides a wide range of products and services to the bedding, furniture, and other industries. The company has a long history of paying dividends, and it offers an attractive dividend yield for investors. The dividend yield is a measure of how much a company pays out in dividends relative to its stock price. For LEG, the dividend yield is currently [dividend_yield], which is [higher/lower] than the average dividend yield for its industry. This means that investors who own LEG stock can expect to receive a [dividend_yield]% return on their investment through dividends alone.

The payout ratio is another important metric to consider when evaluating a company's dividend. It represents the percentage of a company's earnings that are paid out as dividends. For LEG, the payout ratio is [payout_ratio], which means that the company retains [100-payout_ratio]% of its earnings for reinvestment or other purposes. This indicates that LEG has a sustainable dividend payment, as it is not paying out more in dividends than it can afford.