2020 Annual Report
Leggett & Platt believes in consistently paying dividends, is proud of its dividend growth record, and intends to extend that record into the future. The Company targets dividend payout (over the long term) of approximately 50% of continuing operations adjusted EPS. Quarterly dividends are usually declared in February, May, August, and November, and paid about two weeks after the start of the following quarter. For 2021, the Company’s anticipated payment dates are April 15, July 15, October 15, and January 14 (of 2022).
Dividends have been paid on the Company’s common stock each year since 1939. With $1.60 per share of declared dividends, 2020 was our 49th consecutive year of dividend growth, a record that only ten S&P 500 companies currently exceed.